In the Short Run, a Monopolist Will Always Shut Down

Multiple Choice

In the short run, a monopolist will always shut down when

A) total cost is greater than total revenue at all output levels
B) total variable cost is greater than fixed cost
C) total revenue is greater than total variable cost at all output levels
D) fixed cost is greater than total revenue at all output levels
E) total variable cost is greater than total revenue at all output levels