Assume that the plum market has lots of different farms. They are producing pretty much the same product. The plum mark

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Assume that the plum market has lots of different
farms. They are producing pretty much the same product. The
plum market is very much like a perfectly competitive market.
When answering these questions, please use an explanation in words
and the diagrams of the perfect competition model. Hand drawn
diagrams, please. Copied and pasted diagrams will receive zero
points. Be as complete as possible capturing all aspects of the
perfect competition step-by-step analysis.
A capitalist interested in the California plum market
has asked you for an analysis. The capitalist comments, “I am
guessing that plums are going to increase in popularity. What does
that mean in the market?" Help this capitalist understand what
might happen in this market given that plums will experience an
increase in popularity. Please apply the perfect competition
model.
a. In the short-run, what will a typical plum farm
experience? Why? Don't forget to use perfect competition diagram(s)
when explaining it.