Keith is a perfectly competitive carnation grower. The market price is $2 per dozen carnations. Keith's average total cost to grow carnations is $2.50 per dozen. In the long run, Keith will 1 point a) raise his price to more than $2.50 per dozen carnations. b) raise his price to $2.50 per dozen carnations. c) exit the industry if the price and his costs do not change. d) incur an economic loss. e) continue to make an economic profit.