Your company identifies the amount of output where marginal revenue equals marginal cost; at this amount of output, the price is below average total cost but above average variable cost. Your company should expect Question 5 Select one: a. to earn above-normal economic profit. b. to take losses, but should continue in operation in order to avoid a greater loss of fixed costs. c. to take such large losses that it should cease operations for a while. d. to break even or earn a normal profit