Assume a purely competitive increasing-cost industry is initially in long-run equilibrium, producing 15 million units at a market price of $10.00. Suppose that an increase in consumer demand occurs. After all economic adjustments have been completed, which output and price combination is most likely to occur? Multiple Choice 14 units at a price of $10.25. 14.5 units at a price of 9.50. 16 units at a price of $9.75. 17 units at a price of $10.50