In Both Price-Taker and Competitive Price-Searcher Markets, Short-Run Economic Profits

Multiple Choice

In both price-taker and competitive price-searcher markets, short-run economic profits will lead to

A) firms being able to sustain those economic profits into the long run.
B) the exit of firms from the market and the eventual restoration of zero long-run economic profits.
C) the entry of additional firms into the market and the eventual restoration of zero long-run economic profits.
D) none of the above.