Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
Figure: Profit Maximization in Monopolistic Competition
-(Figure: Profit Maximization in Monopolistic Competition) Look at the figure Profit Maximization in Monopolistic Competition. If other firms see economic profits in the industry, they will enter it, and the demand curve for firms already in the industry will shift to the _____; in the long run, this will result in an economic profit _____ and a price _____.

A) right; equal to zero; equal to ATC
B) right; greater than zero; greater than ATC
C) left; less than zero; less than ATC
D) left; equal to zero; equal to ATC