Table 14-2 Quantity Total Revenue Total Cost 0 $0 $11 1 10 16 2 20 22 3 30 29 4 40 37 5 50 46 6 60 56 7 70 67 8 80 79 9 90 92 Refer to Table 14-2. If the firm finds that its marginal cost is $12, what should it do? _/ a) It should increase production to maximize profit. It should decrease production to minimize loss. ) ) It should decrease the price of the product to minimize loss. TN (/) d) It should increase the price of the product to maximize profit