D. Industry in Final Long Run Equilibrium In the long run, the (economic) profits earned by the original firms will attract new entrants into the industry until those profits disappear. 27. What are market price and quantity in the final long-run equilibrium? P2 = Q2 = 28. Label this equilibrium point E2 in Figure C. 29. How much is each active firm producing? How many active firms are there in the industry? q2 = N2 = 30. What profit is each firm earning? II- =