Alice, Bud, and Celia can produce rubber bands in a perfectly competitive market. If
they enter the market, the minimum average total cost for a bundle of rubber bands,
for the three of them is $2, $3, and $4, respectively. If the market price is $2.10 per
bundle, then
A) Alice and Bud will enter the market.
B) Bud and Celia will enter the market.
C) only Alice will enter the market.
D) Alice and Celia will enter the market.
E) all three of them will enter the market.