12. Short-Run Outcomes Short Run 1of2 Suppose the bookprinting industry is competitive and begins in a longrun equilibrium. Then HiTech Printing Company invents a new process that sharply reduces the cost of printing books. Suppose Hi-Tech's patent prevents other firms from using the new technology. Which of the following statements are true about what happens in the short run? Check all that apply. C] The price of books decreases. D HiTech's marginalcost curve shifts downward. C] Hi-Tech's profits increase. [3 HiTech's averagetotalcost curve remains the same