The market for greasy pizza is perfectly competitive. Firms in the market are producing output, but are currently making economic losses. (a) How does the price of greasy pizza compare to the average total cost, the average variable cost, and the marginal cost of producing greasy pizza? (b) Draw two graphs, side by side, illustrating the present situation for the typical firm and in the market. (c) Assuming there is no change in demand or the firms' cost curves, explain what will happen in the long run to the price of greasy pizza, marginal cost, average total cost, the quantity supplied by each firm, and the total quantity supplied by the market