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Zi runs a perfectly competitive firm. All firms in the industry have total cost curves C = q2+ 100.Demand is initially D0= 100 - 0.5p.

Zi runs a perfectly competitive firm. All firms in the industry have total cost curves C = q2+ 100.Demand is initially D0= 100 - 0.5p. Next month demand will increase to D1= 500 - 0.5p. Be prepared to upload aFirm and Industry Diagram showing equilibria A, B and C.The immediate impact (per-entry) of this change in demand will result in a price p1= _______.

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