The Table Given Below Shows the Prices Charged and Marginal

Multiple Choice

The table given below shows the prices charged and marginal cost incurred by a monopolist for different units of output.Table 11.3

-If at the profit-maximizing level of output, a monopolist's average-total-cost curve lies above its demand curve, then:

A) the firm should shut down in the short run.
B) the firm would earn economic losses.
C) the firm would earn economic profits.
D) the firm should increase its output.
E) the firm should decrease its output.