If all firms in the industry have similar demand,marginal revenue,and cost curves as the firm in the figure above,in the long run
A) nothing changes.
B) some firms exit the industry, and the economic losses of the remaining firms decrease.
C) some firms exit the industry, and the economic profits of the remaining firms increase.
D) new firms enter the industry, and the economic losses of the original firms decrease.
E) new firms enter the industry, and the economic profits of the original firms increase.

Question

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The Answer of If all firms in the industry have similar demand,marginal revenue,and cost curves as the firm in the figure above,in the long run
A) nothing changes.
B) some firms exit the industry, and the economic losses of the remaining firms decrease.
C) some firms exit the industry, and the economic profits of the remaining firms increase.
D) new firms enter the industry, and the economic losses of the original firms decrease.
E) new firms enter the industry, and the economic profits of the original firms increase.

If All Firms in the Industry Have Similar Demand,marginal Revenue,and