-Based on the Table Above Which Shows Chip's Costs, If

Multiple Choice

-Based on the table above which shows Chip's costs, if rice sells for $600 a ton, Chip

A) makes an economic profit and should stay open in the short run.
B) makes an economic profit, but should shut down in the short run.
C) incurs an economic loss, but should stay open in the short run.
D) incurs an economic loss and should shut down in the short run.