The Figure Given Below Shows the Revenue and Cost Curves

Multiple Choice

The figure given below shows the revenue and cost curves of a monopolistically competitive firm.Figure 12.4
MR: Marginal revenue curve
ATC: Average total cost curve
MC: Marginal cost curve
-Assume that the firm in Figure 12.4 is monopolistically competitive. In the long-run, we would expect:

A) the price of the firm's output to increase.
B) new firms to enter into the market.
C) few firms to leave the market.
D) the firm's demand curve to shift outward.
E) the firm's demand curve to become less elastic.