If a competitive firm cannot earn profit at any level of output during a given short-run period, then which of the foliowing is LEAST likely to occur? Select one: A. It will exit the industry in the long run. B. It will shut down in the short run and wait until the price increases sufficiently. x C. It will minimize its loss by decreasing output so that price exceeds marginal cost. D. It will operate at a loss in the short run..