According to the accompanying figure,if the price is $5,the firm is making:

A) a loss and will exit the market.
B) a profit and will exit the market.
C) a loss and more firms will enter the market.
D) a profit and more firms will enter the market.
E) zero profits and the market is at long-run equilibrium.

Question

According to the accompanying figure,if the price is $5,the firm is making:

A) a loss and will exit the market. 
B) a profit and will exit the market. 
C) a loss and more firms will enter the market. 
D) a profit and more firms will enter the market. 
E) zero profits and the market is at long-run equilibrium.

Quizplus · Accepted Answer

The Answer of According to the accompanying figure,if the price is $5,the firm is making:

A) a loss and will exit the market. 
B) a profit and will exit the market. 
C) a loss and more firms will enter the market. 
D) a profit and more firms will enter the market. 
E) zero profits and the market is at long-run equilibrium.

According to the Accompanying Figure,if the Price Is $5,the Firm