If All Firms in a Perfectly Competitive Industry Are Experiencing

Multiple Choice

If all firms in a perfectly competitive industry are experiencing economic losses,then firms will

A) enter the industry,seeking new opportunities.
B) exit the industry,stopping when accounting profits equal zero.
C) continue in the industry,hoping for better times.
D) exit the industry,stopping when economic profits equal zero.
E) exit the industry,stopping when economic profits are positive.