SophiaPretty

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Category > Business & Finance Posted 31 Aug 2017 My Price 7.00

If other firms see economic profits in the industry,

If other firms see economic profits in the industry, they will enter it, and the demand curve for firms already in the industry will shift to the ________ ; in the long run, this will result in economic profit _______ and price _______ .

 A.right; = 0; = ATC; = minimum ATC
 B.right; > 0; > ATC
 C.left; < 0; < ATC
 D.left; = 0; = ATC; > minimum ATC

 

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Status NEW Posted 31 Aug 2017 05:08 AM My Price 7.00

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