(Figure: Jade Necklace Business) Leila makes and sells jade necklaces at a price of $10.00 each and has a profit margin of $4.75, as shown in the accompanying diagram.\ A graph has quantity along the horizontal axis and price in dollars along the vertical axis ranging from 0 to 20 dollars, in increments of 2 dollars.The Initial firm demand curve is from a point corresponding to 20 dollars along the vertical axis, at the top left portion of the graph, and ends at the bottom right portion of the curve, corresponding to 0 dollars along the vertical axis. A curve representing Firm demand after free entry is from a point corresponding to 12 dollars on the vertical axis, on the left portion of the graph, and ends at the bottom right portion of the graph, to the left of the endpoint of the Initial firm demand curve, and corresponding to 0 dollars along the vertical axis. A curve representing Average cost is from the top right of the starting point of the Firm demand after free entry curve, corresponding to 13 dollars along the vertical axis, then slopes down to the lower middle portion of the graph, corresponding to 6.5 dollars along the vertical axis, and ends at the middle right portion of the graph, corresponding to 13 dollars on the vertical axis. All values are approximate.\ \ In the long run, Leila's price will fall to:\ \ Question 29 options:\ \ $6.00.\ \ \ $8.00.\ \ \ $9.50.\ \ \ $4.00.