Assume food delivery firms like Swiggy are making huge profits. Higher profits may attract the entry of new firms into the food delivery industry. Explain what could be the impact of entry on the firms and the industry as a whole.

a. The average cost of rendering the delivery service for the existing players before and after the entry of new firms.

b. Price/commissions that they will charge from their customers after entry of new firms

c. Impact on profitability after entry of new firms

d.Breakeven point of Swiggy before entry of new firms and how it has been impacted after entry of new firms.

(Provide images, graphs and numerical inferences wherever possible)