28. What will be the resulting profit if TTGC produces the profit maximizing corn output? a. $30.00 Positive Profit. b. $30.00 Loss. $0 Profit. d. None of the above. 29. If all other firms in TTGC's industry have the same cost structure as TTGC does, then as part of the long run adjustment process needed to reach long run equilibrium, Tim should expect: a. Potential entrants to enter this industry. Existing competitors to exit this industry C. No change in the number of competitors as entry or exit results in a severe cost disadvantage for the firm entering or exiting. d. No change as existing firms are making zero economic profit