When firms exit a market, all of the following occurs except
A. The market demand curve shifts to the right
B.The market supply shifts to the left
C.The equilibrium price level rises
Answer: B.The market supply shifts to the left
When firms exit a market, all of the following occurs except
A. The market demand curve shifts to the right
B.The market supply shifts to the left
C.The equilibrium price level rises
Answer: B.The market supply shifts to the left