Demand and Cost Data for Sylvie's Shampoo Company Table 26

Demand and Cost Data for Sylvie's Shampoo Company Table 26.2
A Monopolistically Competitive Firm
$$\begin{array} { | r | r | r | r | } \hline { \text { Price } } &{ \begin{array} { c } \text { Demand Data } \\\text { Quartity }\end{array} } & \text { Cost Data Output } & { \text { Total Cost } } \\\hline \$ 22 & 6 & 6 & \$ 96 \\\hline \$ 20 & 7 & 7 & \$ 104 \\\hline \$ 18 & 8 & 8 & \$ 114 \\\hline \$ 16 & 9& 9 & \$ 126 \\\hline \$ 14 & 10 & 10 & \$ 140 \\\hline\end{array}$$
Refer to Table 26.2.At the profit-maximizing output and price,Sylvie's Shampoo Company.will earn a ________ economic profit,and ________ the market will occur.

A) negative;entry into
B) negative;exit from
C) positive;entry into
D) positive;exit from

Correct Answer:

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