Please answer correct explain plz asap plz

Don't answer by pen paper plz

The four statements below each describe a different market, highlighting one feature of that market. Read the statements and select those markets which, based on the feature described, must be imperfectly competitive. Select one or more answers: Select one or more: 1Firms can make supernormal profits in the longrun 2Firms can increase profit by cutting their pnces 3-Firms can innovate new products or product features 4Firms can freely enter and exit markets