If firms can easily enter and exit a market, then 

A. firms will produce at minimum average cost in the short run. 

B firms will produce where price is greater than marginal revenue. 

C. firms will produce at minimum average fixed cost in the long run. 

D. firms will earn zero economic profit in the long fun. 

E. firms will produce where price is greater than marginal cost.

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Answer i If firms can easily enter and exit to and from the market are ... View the full answer