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LekaFEV [45]
2 years ago
6

When new entrants into a competitive market have higher costs than existing firms, A. sunk costs become an important determinant

of the short-run entry strategy. B. accounting profits will be the primary determinant of entry into the market. C. market price will rise. D. long-run supply is constant.
Business
1 answer:
marshall27 [118]2 years ago
5 0

Answer:

C.

Explanation:

When new entrants into a competitive market have higher costs than existing firms, market price will rise.

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3 0
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