Refer to the Information Provided in Figure 15

Multiple Choice

Refer to the information provided in Figure 15.2 below to answer the question(s) that follow. Figure 15.2
-Refer to Figure 15.2. In this monopolistically competitive industry, in the long run

A) firms will enter until all firms earn a normal profit.
B) firms will continue to earn economic profits.
C) demand for the product will decrease so that profits are decreased.
D) the government will impose price controls to eliminate any economic profits.