If a perfectly competitive hotel is represented by the cost curves below, in the short-run with a market price of $150, it would choose to v (operateot operate), and in the long run other hotels would choose to v (enter/exit). As a result, v (supply of hotels would increase/supply of hotels would decrease/demand for hotels would increase/demand for hotels would decrease). and the price would v (increase/decrease/remain the same/change ambiguously)' MC. FNC qo ac \"sue so am