If Firms in a Competitive Industry Are Suffering Economic Losses

If firms in a competitive industry are suffering economic losses, then one would expect that in the long run

A) there would be no change in the number of firms in the industry as long as firms are covering their average variable costs.
B) the demand curve for the product will shift to the left, causing equilibrium output and price to decline.
C) the supply curve for the product will shift to the left as firms leave the industry, causing industry output to fall and price to rise.
D) each firm would raise its price until it was breaking even.
E) the supply curve for the product will shift to the right as individual firms lower their prices to increase their sales.