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D Question 14 0.4 pts (Figure: Entry Exit) Price MC $20 - . . . . .. . . AC 15 14. . .. 10

D Question 14 0.4 pts (Figure: Entry Exit) Price MC $20 - . . . . .. . . AC 15 14. . .. 10 6.15 5 :33 54 .. . : 68 10 20 30 40 50 60 70 80 90 100 Quantity Refer to the figure. This competitive firm operates in a constant cost industry. The current market price is $15. What is the long-run market price? O $12 $6.15 $20 $15

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