The diagram below shows an AD/AS model for a hypothetical economy.The economy begins in long-run equilibrium at point A. 
FIGURE 24-4 Refer to Figure 24-4.Following the positive AS shock shown in the diagram,the adjustment process will take the economy to a long-run equilibrium where the price level is ________ and real GDP is ________.
Definitions:
Price to Clear
Price to Clear is the market price at which the quantity of goods supplied is equal to the quantity of goods demanded, thereby clearing the market.
Profit Per Unit
The revenue obtained per unit of a product or service sold, minus the cost per unit.
Optimal Output
The level of production that generates the highest possible profit for a firm, taking into account costs and revenue.
Price to Clear
The market price at which the quantity supplied of a good matches the quantity demanded, leading to an equilibrium where there is no surplus or shortage.
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