Assume the Market for Orange Juice Is Perfectly Competitive

Multiple Choice

Assume the market for orange juice is perfectly competitive. Orange juice producers currently earn a zero economic profit. Orange juice producers will likely begin to incur economic losses in the short run, and some producers will exit the industry until those remaining earn a zero economic profit, if consumers

A) switch from grape juice to orange juice.
B) switch from orange juice to grape juice.
C) do not change their demand for orange juice.
D) All of the above are correct.