a.bc.ca/d21/le/content/204924/viewContent/3364002/View tions for Section 9.3 of Chapter 9 Ramanjot Kaur: Attempt 1 Question 5 (4 points) Numerical Problems #5 Suppose the demand for car washes in Collegetown falls as a result of a cutback in college enrollment. Show graphically how the price and output for the market and for a single firm will be affected in the short run and in the long run. Assume the market is perfectly competitive and that it is initially in long-run equilibrium at a price of $12 per car wash. Assume also that input prices don't change as the market responds to the change in demand. Paragraph V B IUV Ev Ev + . . . Lato (Recom... 19px ... 2122 O to search O w X 9 0 07 1 ENG 10:48 2021-12 F10 ~ ? & A tA E 5 0 6 - 7 8 2 9 3 0 1/4 1/2 =3/4 V E R T Y U O P D G H K B M Alt Car