4 0 SMC 30 ATC AVC I create s and costs) dollars) 20 10 20 0 40 0 600 80 0 1 ,0 0 0 Output 14. Refer to the graph above, if the market were perfectly competitive with the same demand and cost conditions, the perfectly competitive firm would produce in the long run equilibrium units, charge the price _ and earn in profit. If there were 200 firms in the perfectly competitive market, the industry output would be units. a) 200, $10, $0; 20,000 b) 500, $15, $0, 100,000 () 400, $15, 25,000, 160,000 d) 300, $30, $3,000, 90,000