If the Government Subsidizes the Production of Wind Energy, Then

Multiple Choice

If the government subsidizes the production of wind energy, then the industry produces

A) more energy in the short run and firm entry occurs in the long run.
B) more energy in the short run and firm exit occurs in the long run.
C) less energy in the short run and firm entry occurs in the long run.
D) less energy in the short run and firm exit occurs in the long run.
E) the same amount of energy in both the short run and long run.