Multiple Choice
Refer to the information provided in Figure 9.2 below to answer the question(s) that follow. Figure 9.2
-Refer to Figure 9.2. If MR = $9, then in the long run
A) the firm will shut down.
B) the firm will exit the industry.
C) new firms will enter the industry and the current firms will expand production.
D) None of the above is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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