Demand and Cost Data for Will's Beach Ball CompanyTable 26.1A Monopolistically Competitive FirmPriceDemand Data QuantityCost Data OutputTotal Cost$1166$48$1077$52$988$57$899$63$71010$70Refer to Table 26.1. At the profit-maximizing output and price, Will's Beach Ball Company will earn a ________ economic profit, and ________ the market will occur.
A. negative; exit from
B. positive; entry into
C. negative; entry into
D. positive; exit from
Answer: B
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Fill in the blank(s) with the appropriate word(s).