Consider the following table.

Quantity

Total Cost

0

$46

2

$47

4

$48

6

$49

8

$51

10

$57

12

$65

14

$75

16

$87

(1)Suppose that the price of the product is $5.How many units will the firm produce in the short run?

(2)In the long run, will the price rise or fall from the current level at $5?Explain the reason.