If a Producer Selects an Output Level and Price Where

Multiple Choice

If a producer selects an output level and price where marginal revenue is equal to marginal cost:

A) marginal profit will be at its maximum.
B) total revenue will be at a maximum.
C) profits will continue to grow beyond this break-even point.
D) profit will be maximized.
E) any increase in price will cause marginal revenue to go negative.