Group of answer choices Will not persist because the entry of rival firms will drive the price of the product down and eliminate the high profits Will drive firms out of the industry and lead to pure competition Are likely to continue into the future since entry into monopolistic competitive markets are high Will attract imitators (rival firms) who will produce close substitutes Both this will not persist because the entry of rival firms will drive the price of the product down and eliminate the high profits and this will attract imitators (rival firms) who will produce close substitutes are true