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Related Lesson
Entry, Exit, and Supply Curves: Decreasing Costs
Knowledge Check
Knowledge Check
Question 1 of 4
As Ngoy started hiring more Cambodian refugees to work in his donut shop, this made it more likely that
Competition from other doughnut shop owners would increase.
Ngoy’s fixed costs decreased.
Other Cambodians would open donut shops.
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Principles of Microeconomics
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