$8.$ Short$-$run and long$-$run effects of a shift in demand

Suppose that the phirodite Industry is initially operating in long$-$run equillibrium at a price level of $\backslash (\backslash$$ $6\backslash )$ per pound of phirodite and quantity of $144$ million pounds per year. Suppose a top medical journal publishes research that animal$-$alternatlve protein sources such as phirodite could decrease your expected lifespan by $3$ years.

The publication is expected to cause consumers to demand phirodite at every price. In the short run, firms will respond by Shift the demand curve, the supply curve, or both on the following graph to mustrate these short$-$run effects of the publication. In the long run, some firms will respond by untill $.$

Shift the demand curve, the supply curve, or both on the following graph to mustrate both the short$-$run effects of the publication and the new fongrun equilibrium after firms and consumers finish adjusting to the news.