Table 16-5 Traci's Hairstyling Is One Salon Among Many in the Market

Table 16-5
Traci's Hairstyling is one salon among many in the market for hairstyling.The following table presents cost and revenue data for hair cuts at Traci's Hairstyling.

-Refer to Table 16-5.Given the cost and revenue data,Traci's is

A) not in a long-run equilibrium.More businesses will enter the hair salon market in the long-run.
B) not in a short-run equilibrium.
C) not in a long-run equilibrium.Some businesses currently in the hair salon market will exit the market in the long-run.
D) in a long-run equilibrium.