The Following Figure Shows the Cost Curves of Firm That

question 74

Multiple Choice

The following figure shows the cost curves of firm that operates in a monopolistic competition market, as well as the demand (D) facing this firm and its marginal revenue (MR) .

-Refer to the figure above.In the long run,________.

• A) the D and MR curves shift right, but MC and ATC curves will remain the same
• B) the D curve shifts right, but MR, MC and ATC curves will remain the same
• C) the D and MR curves shift right, but MC and ATC curves shift up
• D) the MC and ATC curves shift down, but D and MR remain the same

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