... awareness of the product shifts the demand curve to D 2 . The resulting long-run equilibrium price and quantity are P1 and Q 2 . Chapter 2 Competitive Product Markets 24 An answer ... Management, and Social Control in the Ford Motor Company, 1908-1 921 (Albany, N.Y.: State University of New York Press, 1981). CHAPTER 2 Competitive Product Markets And Firm Decisions ... 1979), pp. 126 1- 128 4]. Chapter 2 Competitive Product Markets 7ã Expectations concerning future prices and incomes A host of other factors, like weather, may also influence the demand for...