Refer to the following graph to answer the following questions:
-In the long run,which of the following is true for the profit-maximizing firm?
A) The firm's demand curve shifts leftward.
B) The firm's average total cost curve shifts upward.
C) Profit is $1,200 per day.
D) Profit is $1,500 per day.
E) The firm's average total cost curve shifts downward,while the marginal cost curve shifts upward.
Correct Answer:
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