At its current output level, a firm’s marginal revenue exceeds its marginal cost and its price…

At its current output level, a firm’s marginal revenue exceeds
its marginal cost and its price is less than its average cost.
Therefore, it should:

A.

Increase output until MR = 0

B.

Increase its price

C.

Decrease output until MR = MC

D.

Shutdown Immediately

E.

Increase output until MR = MC