Paul's bakery, a monopolistically competitive firm, is incurring a loss. This firm will continue to produce as long as
A) marginal revenue is equal to average total cost.
B) price is greater than or equal to average fixed cost.
C) price is greater than or equal to average variable cost.
D) marginal revenue is greater than or equal to marginal cost.
E) marginal revenue is greater than or equal to average variable cost.
Correct Answer:
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