Question: How do I answer this question 2 1 point How is market supply and individual firm demand impacted when firm entry occurs in a market?

How do I answer this question

2 1 point How is market supply and individual firm demand impacted when firm entry occurs in a market? O Market supply will increase and the representative firm's demand curve shifts upward. O Market supply will increase and the representative firm's demand curve does not change. O Market supply will increase and the representative firm's demand curve shifts downward. O Market supply will decrease and the representative firm's demand curve shifts downward. O Market supply will decrease and the representative firm's demand curve shifts upward. Previous

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