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+ MC ATC Price and costs (cents) 3 y 2 1 0 8 16 24 32 40 48 56 64 Quantity (pages per hour) Fast

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+ MC ATC Price and costs (cents) 3 y 2 1 0 8 16 24 32 40 48 56 64 Quantity (pages per hour) Fast Copy is a perfectly competitive firm. The figure above shows Fast Copy's cost curves. The current market price is 4 cents per page. With no change in demand and technology, in the long run, the price will Select one: O a. fall to 1 cent per page. O b. fall to 2 cents per page. O c. remain unchanged. d. rise to 5 cents per page

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