Question: Please answer Question 5 You manage a firm in a perfectly competitive market and the market price is above your average total cost. What should

Please answer

Question 5 You manage a firm in a perfectly competitive market and the market price is above your average total cost. What should you expect in the long run? O other firms to exit the market and market price to decrease new firms to enter the market and market price to stay the same O no entry or exit of firms in the market and the market price to decrease new firms to enter the market and market price to decrease O other firms to exit the market and market price to stay the same

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