If Marginal Revenue Is Less Than Marginal Cost at Every

Multiple Choice

If marginal revenue is less than marginal cost at every level of output,a profit-maximizing firm should:

A) produce when the difference between marginal revenue and marginal cost is greatest.
B) produce when total revenue is maximized.
C) produce when the difference between total revenue and marginal cost is maximized.
D) produce when the difference between average revenue and average cost is equal to 1.
E) not produce any output.