A competitive market is in long-run equilibrium If demand decreases, what can we be certain will happen to price? Select one: O a. Price will fall in the short run. No firms will shutdown, but some of them will exit the industry. Price will then rise. C: h. Price will not fall in the short run because firms will exit to maintain the price L) c. Price will fall in the short run. All rms will shutdown and some of them will exit the industry. Price will then rise. (9! P- Price will fall in the short run. All, some, or nu films will shut down, and some of them will exit the industry. Price will then rise