If a Market Is Close to Perfect Competition,profits May Be

Multiple Choice

If a market is close to perfect competition,profits may be

A) so low that companies do not have enough extra money to spend on long-run research.
B) so high that companies have no incentive to spend money on long-run research.
C) so low that companies have no incentive to spend money on long-run research.
D) so high that companies are not willing to risk any extra money on long-run research.