Question: Suppose there is a permanent increase in demand for home office furniture. Explain how you think this would impact profits for firms in that market

Suppose there is a permanent increase in demand for home office furniture. Explain how you think this would impact profits for firms in that market in the short run, and in the long run.

Please answer as a long paragraph with explanations about how it impact profits for the business in long run and short run, what cause the increase in demand etc

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