Suppose the Variable Cost to Produce Quantity Q Is TC(q)=

Multiple Choice

Suppose the variable cost to produce quantity q is TC(q) = q²/10. Suppose the firm is a price- taker and the market price is p = 100; its fixed cost is currently 6600. If this firm wants to stay in business, it has to:

A) reduce its fixed cost to 6,000.
B) do nothing.
C) reduce its fixed cost to zero.
D) reduce its fixed cost to 5,000.