The Table Given Below Reports the Marginal Revenue and Marginal

Multiple Choice

The table given below reports the marginal revenue and marginal cost of Holmes Detective Agency for each client.Table 9.2

-Suppose that ABC Industries, a perfectly competitive firm, currently produces 500 units of imitation ham spread for a total cost of $1,500. The marginal cost of the 500th unit is $20, and the marginal revenue of the 500th unit is $15. To maximize profits, Cheapo Industries should:

A) continue to produce 500 units.
B) produce more than 500 units but less than 1500 units.
C) produce less than 500 units.
D) produce more than 1500 units.
E) stop producing at 500 units.