If economic profits exist in perfect competition, then firms will enter in the long run because of easy entry, the ________ curve will shift to the right, and in the market will
________.
A.supply; output; increase
B.demand; supply; fall
C.supply; demand; also shift to the right
D.demand; price; increase

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The Answer of If economic profits exist in perfect competition, then firms will enter in the long run because of easy entry, the ________ curve will shift to the right, and in the market will
________.
A.supply; output; increase
B.demand; supply; fall
C.supply; demand; also shift to the right
D.demand; price; increase

If Economic Profits Exist in Perfect Competition, Then Firms Will