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If businesses in a competitive market earn profits, those profits will attract _____ to the market.Multiple choice question.new entrantsgovernment regulatorstax collectors

Question

If businesses in a competitive market earn profits, those profits will attract _____ to the market.Multiple choice question.new entrantsgovernment regulatorstax collectors

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Solution

The correct answer is "new entrants". In a competitive market, if businesses are making profits, it will attract new entrants who also want to earn profits.

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