Consider a Firm in the Long Run That Is Trying

Multiple Choice

Consider a firm in the long run that is trying to maximize its profits.It should

A) minimize the cost of producing whatever level of output it chooses.
B) charge the lowest price possible given the minimum possible cost.
C) maximize the marginal product of all factors of production.
D) charge the highest price.
E) select the most technically efficient method of production regardless of the level of production.