Figure 10-6 ​

question 6

Multiple Choice

Figure 10-6
​
-In Figure 10-6, if the current market price is at $10, then in the long-run equilibrium

• A)each firm will be producing a smaller output.
• B)the market price will rise to $20.
• C)the number of firms in the market will increase.
• D)All of these responses are correct.