Question: Please help with this practice question. This is the full question. You manage a firm in a perfectly competitive market and the market price is
Please help with this practice question. This is the full question.

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? 0 other firms to exit the market and market price to decrease 0 new firms to enter the market and market price to stay the same 0 new firms to enter the market and market price to decrease 0 no entry or exit ofrms in the market and the market price to decrease 0 other firms to exit the market and market price to stay the same
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