Question

The graph below characterizes the demand and supply in the market for hand sanitizers. Initially, the constant-cost industry

1. 3000

2. 4000

3. 5000

4. 6000

5. 7000

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Answer #1

Answer = 7000

Because industry is constant cost, price in long run will remain same. So at this price demand on D2 is 7000.

So long run equilibrium quantity will be 7000.

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