Again, assume that the N$95$ mask market is perfectly competitive and remember that over time the market supply curve shifted to the right as new firms entered the market. Assuming that the N$95$ mask market was in long run equilibrium before the pandemic $($before the rightward shift of the demand curve$),$ what does economic theory tell us the equillbrium price of N$95$ masks will be in the long run?

Derrick

So$,$ firms will keep entering the market and the supply curve will keep shifting to the right until the market equilibrium price is:

$$10$ in the long run.

$$200$ in the long run.

greater than $$200$ in the long run.