As the manager of a firm you calculate the marginal revenue is $152 an

As the manager of a firm you calculate the marginal revenue is $152 and marginal cost is $200. You should

A) expand output.
B) do nothing without information about your fixed costs.
C) reduce output until marginal revenue equals marginal cost.
D) expand output until marginal revenue equals zero.
E) reduce output beyond the level where marginal revenue equals zero.

ANSWER

C