Question: The answer I have selected may be incorrect. Please verify. Also the last word in this question is should If a perfectly competitive firm finds

The answer I have selected may be incorrect. Please verify. Also the last word in this question is "should"

If a perfectly competitive firm finds that it is producing an output level where price is above average variable cost but less than marginal cost, it sho O A. decrease its price. O B. shut down. O C. increase its price. O D. decrease its output. O E. increase its output

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