What is happening with firms in the following industry? Click the icon to view the cost curves for the industry. LOADING... Part 2 A. Firms are producing beyond the efficient scale and will begin to scale back. B. Firms in this industry are experiencing profits comma since average total cost is less than the selling price of the product. C. In the long run comma some firms will enter the industry. D. In the long run comma supply in the industry will increase and price will decrease