If Henry, a Perfectly Competitive Lime Grower in Renmark, Can

Multiple Choice

If Henry, a perfectly competitive lime grower in Renmark, can sell his limes at a price greater than his average total cost, Henry will

A) make zero economic profit.
B) have an incentive to shut down.
C) incur an economic loss.
D) incur an accounting loss.
E) make an economic profit.