Situation A: Suppose an industry for a health supplement, Good X, is in Long Run Perfectly Competitive Equilibrium. In equilibrium, the price of Good X is $5. A scientific study is published stating that Good X contributes to weight loss, and there is a permanent increase in Demand. As a result of this increase in Demand, in the Short Run, each firm would produce Blank 1 and would earn Blank 2 profit