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Illustration of long-run adjustment in a competitive market

A rising market demand for generic puffy cheese chips produces economic profits and makes a new firm to build a vast modern factory to bake puffy cheese chips. It is an illustration of: (i) monopoly power. (ii) adjustments in the market period. (iii) long-run adjustment in a competitive market. (iv) increased supply because of decreased costs. (v) predatory entry in an oligopoly.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

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