Refer to the Information Provided in Figure 9

Multiple Choice

Refer to the information provided in Figure 9.3 below to answer the question(s) that follow. Figure 9.3
-Refer to Figure 9.3. This firm will ________ if price is between $7 and $13.

A) earn an economic profit
B) shut down in the short run, but operate in the long run
C) continue to operate in the short run, but incur an economic loss
D) shut down