Use the Figure Below to Answer the Following Questions

Multiple Choice

Use the figure below to answer the following questions. Figure 11.3.1
-Refer to Figure 11.3.1,which shows the cost curves and marginal revenue curve of a firm in a perfectly competitive industry.In the short run,the firm will

A) exit from the industry if price is greater than average variable cost.
B) break even.
C) make an economic profit.
D) incur an economic loss if price is greater than average variable cost.
E) raise the price.