The Fresh Fish sushi restaurant opened a year ago in Mahwah, NJ. Assume the sushi market operates in perfect competition and the timeframe is the short run. Suppose sushi restaurants are earning economic profits. New competitors will ___ the market; the overall quantity of sushi available in Mahwah will ___ and Fresh Fishes share of the market will ___

Incomplete question. The options:

a. Enter, decrease, increase

b. Enter, increase, decrease

c. Enter, increase, increase

d. Exit, decrease, decrease

b. Enter, increase, decrease  

Explanation:

What happens basically in this scenario is what we find in real life when a company launches a very successful product or service, other existing or previously not existing companies may begin to offer the same type of service (eg Uber's ride-sharing service).

So as The Fresh Fish makes economic profits, this will attract new competitors to enter the sushi market; thereby making the overall quantity of sushi available in Mahwah to increase because of the increase in sellers and Fresh Fishes' share of the market will decrease.

hi noah!

the first time you break a rule, you get a warning.

if you continue to break rules you get kicked out for a certain amount of time.

so, to answer your question 1.

hope this buddy!

- courtney

answer; operating revenues;