Use the following to answer questions:
Figure: The Restaurant Market 
-(Figure: The Restaurant Market) The figure The Restaurant Market shows curves facing a typical restaurant. Assume that many firms, differentiated products, and easy entry and exit characterize the market. In the long run:
A) restaurants will leave the market.
B) restaurants will enter the market.
C) restaurants will neither enter nor exit the market.
D) Not enough information is given to answer the question.
Correct Answer:
Verified
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Figure: Firms
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Figure: Profits
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Figure: Profits
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Figure: The
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Figure: The
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Figure: Profits
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Figure: The
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Figure: Profits
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Figure: The
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Figure: The
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