If the current price is less than the market clearing or equilibrium price, we would expect:

List nine characteristics of the market system

Please provide the best answer for the statement.

Which of the following firms will eventually reach zero economic profits?

a. The loss taken by VCW, Inc. causes suppliers to exit the industry and the market supply curve to shift left. b. The profit made by Median Enterprises causes suppliers to enter the industry and the market supply curve to shift right. c. TransFit, Inc.’s stable performance has no effect on the market supply curve. d. GlobalLink, Ltd.’s poor performance causes suppliers to exit the industry and the market supply curve to remain stable.