When Price Is Greater Than Marginal Cost for a Firm

Multiple Choice

When price is greater than marginal cost for a firm in a competitive market,what should the firm do to maximize profit

A) The firm should increase production since its marginal cost is falling.
B) The firm must be minimizing its losses since its marginal cost is rising.
C) There are opportunities to increase profit by increasing production.
D) The firm should decrease output to maximize profit.