Use the Following to Answer Question

Multiple Choice

Use the following to answer question:
-(Figure: Marginal Decision Rule) Use Figure: The Marginal Decision Rule.To the left of point C (e.g. ,at q₁) :

A) economic profit is the vertical distance between curves B and MC.
B) the firm is not maximizing profits.
C) the firm is maximizing profits but not total revenue.
D) the firm should produce less.