Figure 13-13 Price | and cost i per unit Demand Quantity Refer to Figure 13-13. If the diagram represents a typical firm in the market, what is likely to happen in the long run? Question options: New firms will enter the market causing the demand to decrease for existing firms. Some firms will exit the market causing the demand to increase for firms remaining in the market. Inefficient firms will exit the market and new cost-efficient firms will enter the market. Competition will be intensified as firms strive to make long-run profits