Home X B 6-1 Quiz - ECO-201-T2864 Microt x MindTap - Cengage Learning * *Course Hero X + X A ng.cengage.com/staticb/ui/evo/index.html?deploymentid=5981412353502464190243042516&eISBN=9780357133576&id=1327466632&snapshotld=2654212& CENGAGE |MINDTAP Q Search this course ? My Home Module Six Quiz X Courses Show the possible effect of this free entry and exit by shifting the demand curve for a typical individual producer of bikes on the following graph. Catalog and Study Tools (?) A-Z Rental Options College Success Tips O Career Success Tips Demand ? Help Give Feedback PRICE (Dollars per bike) Demand QUANTITY (Bikes) At Which of the following statements are true about both monopolistic competition and monopolies? Check all that apply. O O Price equals average total cost in the long run. Firms earn zero profit in the long run. Price is above marginal cost. Firms are not price takers. Grade It Now Save & Continue Continue without saving 9 0 M 8 4:40