If the perfectly competitive wiffle ball industry is bearing economic losses, we would expect that:
A.
output will increase, the price of wiffle balls will rise, and the economic losses would tend to disappear.
B.
output will decrease, the price of wiffle balls will fall, and the economic losses would tend to increase.
C.
output will decrease, the price of wiffle balls will rise, and the economic losses would tend to disappear.
D.
output will increase, the price of wiffle balls will fall, and the economic losses would tend to disappear.