The Following Graph Shows the Costs and Revenues of a Typical

The following graph shows the costs and revenues of a typical firm operating in a monopolistically competitive industry.

-Refer to the graph above to answer this question.Which of the following statements is correct?

A) This is a short-run situation and the firm is making economic profits.
B) This is a short-run situation and the firm is experiencing a loss.
C) This is a long-run situation and the firm is making economic profits.
D) This is a long-run situation but the firm is making no economic profits.
E) This is a long-run situation but no comment on profits is possible.