Figure 10-14 -Refer to Figure 10-14.In the Long Run,we Would Expect

question 58

Multiple Choice

Figure 10-14

-Refer to Figure 10-14.In the long run,we would expect

• A)more firms to enter this industry until zero economic profits are restored.
• B)firms to exit this industry until zero economic profits are restored.
• C)the number of firms to remain constant and existing firms will continue to suffer economic losses in the long run.
• D)the number of firms to remain constant and existing firms will continue to earn economic profits in the long run.