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[GET ANSWER] Price ()Consider the graph below that shows a purely competitive market in a constant-cost industry. The initial equilibrium price and outputlevel are indicated by point A. Suppose that demand for this product increases. The resulting change in demand, supply, andequilibrium is also shown in the graph below.QuantitySSNEWSREQLREQDNEWWhen all adjustments have occurred, there will be (Click to select) firms in the industry.
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