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If other firms see economic profits in the industry, they will enter it, and the demand cu

If other firms see economic profits in the industry, they will enter it, and the demand cu

If other firms see economic profits in the industry, they will enter it, and the demand curve for firms already in the industry will shift to the ________ ; in the long run, this will result in economic profit _______ and price _______ .

 A.right; = 0; = ATC; = minimum ATC
 B.right; > 0; > ATC
 C.left; < 0; < ATC
 D.left; = 0; = ATC; > minimum ATC
Johnson 07-Nov-2017

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