In the short run, a firm should exit the industry if its marginal cost exceeds its marginal revenue

Industrial growth and location changed while manufacturing employment rose in the Sun Belt and fell in the Frost Belt

This growth and relocation were primarily due to the relocation of plants, functions and people moving from the Frost Belt to the Sun Belt. Indicate whether the statement is true or false

Which of these statements is generally accepted by economists? Perfect competition

A) provides both equity and efficiency. B) provides equity but not necessarily efficiency. C) provides efficiency but not necessarily equity. D) generally satisfies neither efficiency nor equity.