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The Figure Shows the Demand Curve for Gap Jackets (D)

question 100

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  The figure shows the demand curve for Gap jackets (D) , and Gap's marginal revenue curve (MR) , marginal cost curve (MC) , and average total cost curve (ATC) . -In the figure above, the market for jackets ________ in long-run equilibrium, and there is ________ for new firms to enter. A)  is; no incentive B)  is; an incentive C)  is not; an incentive D)  is not; no incentive The figure shows the demand curve for Gap jackets (D) , and Gap's marginal revenue curve (MR) , marginal cost curve (MC) , and average total cost curve (ATC) .
-In the figure above, the market for jackets ________ in long-run equilibrium, and there is ________ for new firms to enter.


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