Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
Figure: The Market for Gas Stations
-(Figure: The Market for Gas Stations) The figure The Market for Gas Stations shows curves facing a typical gas station in a large town. The market is characterized by many firms, differentiated products, easy entry, and easy exit. If the gas station here is typical, then in the long run, we would expect to observe:

A) a few gas stations leaving the market.
B) new gas stations entering the market.
C) neither entry nor exit.
D) many gas stations leaving the market.