Business, 20.12.2019 05:31 xmiice1981

Acompany produces at an output level where marginal revenue is equal to marginal cost and has the following revenue and cost levels:
marginal cost curve intersects the average variable cost curve at $150.
marginal cost curve intersects the average total cost curve at $200.
marginal cost curve intersects the marginal revenue curve at $170.
what would you suggest this firm should do in the short run?
the firm should continue to produce at a profit level of $20 per unit.
the firm should continue to produce at a profit level of $30 per unit.
the firm should continue to produce at a profit level of $50 per unit.
the firm should shut down.
the firm should continue to produce at a loss.

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