If Price Is Below Average Total Cost but Above Average

Multiple Choice

If price is below average total cost but above average variable cost,the break-even level of output:

A) is greater than the profit-maximizing level of output.
B) is zero.
C) can't be calculated since losses will be earned at each level of output including the profit-maximizing level.
D) approaches infinity.
E) equals the profit-maximizing level of output.