possible Next question A monopolistically competitive firm's demand curve (D), marginal revenue curve (MR), and marginal cost curve (MC) are illustrated in the figure. 100.00- MC Is this firm maximizing profits if it chooses to produce 6 units of output? Explain. 90.00- If the firm chooses to produce 6 units of output, then it is 80.00- 70.00- A. maximizing profit because marginal cost is equal to marginal revenue. 60.00- O B. maximizing profit because marginal cost is greater than marginal revenue. Price (dollars per unit) 50.00- O C. not maximizing profit because marginal cost is greater than marginal revenue, so the firm should produce less. 40.00- O D. not maximizing profit because marginal cost is greater than marginal revenue, so 30.00- the firm should produce more. 20.00- O E. not maximizing profit because marginal cost is less than demand, so the firm 10.00- should produce more. MR 0.00 7 8 9 10 Quantity Time Remaining: 01:17:28 Next