Answer: price will​ increase, increasing​ profit, prompting new firms to begin producing output.
Explanation:
If competitive industry faces an increase in demand​ that is, the demand curve shifts​ upward, this will lead to.a increase in the price of the food or service.
As a result of the fact that there is an increase in price coupled with the increase in demand that resulted in the rice in price, then the profit will increase. This will prompt new firms to begin producing output.