If Resources Are Misallocated in a Perfectly Competitive Market, Then

Multiple Choice

If resources are misallocated in a perfectly competitive market, then, in the long run, profit opportunities will:

A) bring about a more efficient allocation of resources.
B) bring about a less efficient allocation of resources.
C) not bring about a reallocation of resources unless there is government regulation.
D) not bring about a reallocation of resources unless firms are subsidized.