Use the Figure Below to Answer the Following Questions

Multiple Choice

Use the figure below to answer the following questions.

Figure 12.3.1
-Refer to Figure 12.3.1, 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.
B) break even.
C) make an economic profit.
D) incur an economic loss.
E) close down.