ake's Beats, another innovative headphone company, also operates as a monopoly. It sells 50 million headphones each year. Jake's analytic's department believe that if it dropped prices by 30% the company's profits would fall. This result suggests that, if Jake dropped prices, at the new output: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a MC=MR b MC is lower than MR c MC is higher than MR