stion Completion Status: Moving to another question will save this response.

Completion Status: Moving to another question will save this response. 112 0.5 points result of the recent low oil prices, many of the smaller exploration and production companies are beginning to make negative profits. As a result, what is likely to happen (assuming no ipated changes on the demand side in the immediate future)? The market supply will likely increase J. Price will likely decrease as new firms enter Some ofthese firms will likley exit the market I Profits of the firms in the industry will continue to all as firms enter the market All of the above