In the figure to the right the curve labeled PP shows, for a "typical" monopolistically competitive market, the relationship between Price product price and the number of firms. This curve is negatively sloped because O A. a lower price attracts consumers, enabling more firms to enter the market O B. more firms can overpower and exploit workers, yielding low wages and consequently low prices O C. more firms give rise to more intense competition, and hence a lower price O D. product quality is "watered down" when there are many firms, thus necessitating a lower price PP Number of firms, n