Figure 11-19 In the Short Run, the Monopolist Depicted in Figure 11-19

Multiple Choice

Figure 11-19
In the short run, the monopolist depicted in Figure 11-19 should

A) shut down because P < AVC at some output levels.
B) shut down because P < ATC at all output levels.
C) continue producing because P > AVC at some output levels.
D) continue producing because P > ATC at all output levels.
E) continue producing because monopolists never shut down.