If a monopolistically competitive firm is producing 1,200 units of output and the marginal revenue from producing the 1,200th unit of output is $5 and the marginal cost is $4.50, which of the following is true?
A) The difference between marginal revenue and marginal cost (MR - MC) at the 1,200th unit is negative.
B) The firm should decrease production to maximize profit.
C) The firm maximizing profit.
D) The firm should increase production to maximize profit.
D) The firm should increase production to maximize profit.
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What will be an ideal response?