Exhibit 8-11 a Firm's Cost and Marginal Revenue Curves

Exhibit 8-11 A firm's cost and marginal revenue curves

In Exhibit 8-11, when the price rises from $5 to $8, the profit-maximizing (or loss-minimizing) firm goes from making a:

A) loss to making a smaller loss.
B) loss to making a larger loss.
C) loss to making a profit.
D) profit to making a loss.