-If the Firm Represented in Figure 11-7 Is Typical of Other

Multiple Choice

-If the firm represented in Figure 11-7 is typical of other firms in the industry,then,as the long run approaches,

A) some firms will exit,and the demand curves facing the remaining firms will shift to the left
B) some firms will exit,and the demand curves facing the remaining firms will shift to the right
C) some firms will enter,and the demand curves facing the remaining firms will shift to the left
D) some firms will enter,and the demand curves facing the remaining firms will shift to the right
E) the industry will eventually disappear