FIGURE 8-3 -Refer to Figure 8-3. When the Market Price Equals $54

FIGURE 8-3

-Refer to Figure 8-3. When the market price equals $54, what action should the firm take?

A) Continue operating temporarily despite an economic loss, because the firm is able to cover all of its variable costs.
B) Continue operating, because the firm is making a profit.
C) Shut down.
D) Continue operating temporarily despite an economic loss, because the firm is able to cover a portion of its fixed costs.