In the Long Run,the Practice of Setting Price So That

Multiple Choice

In the long run,the practice of setting price so that it must at least equal the differential cost of producing and selling the product will cover all costs because

A) fixed costs are differential in the long run.
B) variable costs are differential in the long run.
C) fixed and variable costs are differential in the long run.
D) fixed and variable costs are discretionary in the long run.