Question 4 {1 point] Refer to the following Figure. The Figure shows the cost structure fore competitive firm. which of the following statement is NOT true? Dun-u ll-m if price stays at P3 for a prolonged period of time. there will be neither inflows nor outflows of firms. The price is stable in the long run. 0 if price stays at P2 for a prolonged period of time, there will be neither inflows nor outflows of firms. The price is stable in the long run. 0 if price stays at P4 fora prolonged period of time. there will be inflow of firms. The entry pushes down the price. if price stays at P1 for a prolonged period of time. Ihere will be outflows of firms. The exit drives up the price. Question If {1 point} Refer to the following figure. Which of the following panel describe a firm in a monopolistic competitive market that is doing its. heat and earning a posiljve profit?