Farmer jones is producing wheat and must accept the market price of $6.00 per bushel. at this time, her average total costs and her marginal costs both equal $8.00 per bushel. her average variable costs are $5 per bushel. in order to maximize profits or minimize losses in the short run, farmer jones should ) increase output.(b) increase selling price.(c) produce zero output and close down.(d) continue producing, but reduce output.