In Figure 5.8, if the supply curve moves from S3 to S5
A) The firm will make a smaller economic profit than they used to
B) The firm will go from making an economic profit to a normal profit
C) The firm will go from making a normal profit to a loss but one that is not big enough to make it want to shutdown.
D) The firm will go from making a normal profit to a loss that is big enough to make it want to shutdown.
Correct Answer:
Verified
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