Refer to Exhibit 12-7. The firm depicted above should:
A.
shut down in order to minimize losses.
B.
keep operating in the short run in order to minimize losses, since price exceeds average variable cost.
C.
keep operating in the short run in order to minimize losses, since price exceeds average total cost.
D.
decrease output to 30 units, since marginal revenue exceeds marginal cost by the greatest dollar amount at that level of output.