Answer the question on the basis of the following short run demand and cost data for a specific firm.

Demand Data	Cost Data
(1) Price	(2) Price	(3) Quantity	Total Output	Total Cost
$70	$35	2	2	$45
65	30	3	3	55
60	25	4	4	70
55	20	5	5	90
50	15	6	6	115
45	10	7	7	145
40	5	8	8	180

In the long run, the number of firms in this monopolistic competitive industry will most likely

Multiple Choice

• increase.
• decrease.
• The answer cannot be determined from the given data.
• stay the same.