(Solved): You run a small but profitable accounting business with many local clients. When you opened your bus ...

You run a small but profitable accounting business with many local clients. When you opened your business, there were very few competitors in your area, but you have recently learned that several new businesses providing similar services will be entering the market soon. a. Consider how your business will be impacted by rival businesses entering the market. Move the demand curve on the graph to illustrate the impact on your business.