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Figure 1 Price unit 4 2 4 6 8 10 12 14 16 18 20 27 24 26 Quantity in hundreds Suppose the price per

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Figure 1 Price unit 4 2 4 6 8 10 12 14 16 18 20 27 24 26 Quantity in hundreds Suppose the price per unit of these goods was $39. To achieve the long- run competitive market equilibrium, (Select all that apply.) supply will increase the supply curve will shift to the left quantity supplied will increase quantity supplied will decrease demand will decrease the demand curve will shift to the right quantity demanded will decrease quantity demanded will increaseFigure 1 Price unit $ 48 46 2 4 6 8 10 12 14 16 18 20 22 24 26 Quantity in hundreds Suppose the price per unit of these goods was $39. To achieve the long- run competitive market equilibrium, (Select all that apply.) O supply will increase the supply curve will shift to the left O quantity supplied will increase O quantity supplied will decrease O demand will decrease the demand curve will shift to the right O quantity demanded will decrease O quantity demanded will increase

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