Which of the Following Best Illustrates How Resources Move from Low-Value

Multiple Choice

Which of the following best illustrates how resources move from low-value industries to high-value industries in competitive markets?

A) Entrepreneurs will always find the market in which price is the highest and increase production in it.
B) The invisible hand will always equate prices in the long run.
C) Entrepreneurs will move production from low-profit industries to high-profit industries.
D) Firms will always be able to recognize high- and low- value industries simply by looking at their costs of production.