If a Perfectly Competitive Firm Is Incurring a Short-Run Loss

Multiple Choice

If a perfectly competitive firm is incurring a short-run loss, it

A) then will incur a long-run loss
B) will shut down
C) will continue to operate in the short run if its fixed cost is covered
D) will continue to operate in the short run if its variable cost is covered
E) will raise its price in the short run