Multiple Choice
Use the following to answer questions:
Figure: Monopolistic Competition III
-(Figure: Monopolistic Competition III) The figure Monopolistic Competition III shows the demand, marginal revenue, marginal cost, and average total cost curves for Pat's Pizza Parlor, a monopolistic competitor in the food-to-go industry. In the long run, the demand curve for Pat's Pizza Parlor will shift to the _____ as competitors _____ the market.
A) right; enter
B) right; leave
C) left; enter
D) left; leave
Correct Answer:

Verified
Correct Answer:
Verified
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