Okay...I need help asap with my ECN!?

Question

1. As more firms are attracted to the industry the price will________causing the demand curve to shift________.

2. If a price fell between two prices like P2 and P3, the firm would now be earning economic_____________.

Answer 1

1. Price goes down, supply increases due to more firms in the industry, but demand remains unaffected.

2. i don't really understand what this means (give more information)

Answer 2

1: fall, no any shift of demand (but supply does to the right)

2: profit?

( you should give more details to answer more correctly - seems there graph is missing).