Refer to the Information Provided in Figure 15

Multiple Choice

Refer to the information provided in Figure 15.5 below to answer the question(s) that follow. Figure 15.5
-Refer to Figure 15.5. In the long run in this monopolistically competitive industry,

A) some firms will enter the industry and industry profits will increase.
B) some firms will leave the industry until the remaining firms break even economically.
C) all firms will leave the industry.
D) product supply will increase so prices will go up.