(Figure: Interpreting Short-Run Cost Curves) Using information from the figure, if price equals $0.50, the firm should:

A.stay open because it is making a normal profit.

B.stay open because it is making an economic profit.

C.stay open in the short run because will minimize its loss.

D.shut down.

(Figure: Interpreting Short-Run Cost Curves) Using information from the figure, if price equals $1.50, the firm should:

A.stay open in the short run because it is operating at an economic loss.

B.shut down.

C.stay open because it is making a normal profit.

D.stay open because it is making an economic profit.