Question: Number 5 ill economic profit? Explain your answer using examples. Are normal profits being earned in this example? Are economic profits present for this firm

Number 5

Number 5 ill economic profit? Explain your answer using examples. Are normal

ill economic profit? Explain your answer using examples. Are normal profits being earned in this example? Are economic profits present for this firm in this example? Explain your answers. 5.) Given the data in the table and the graph, how could you determine or identify the optimal plant size? / 6.) What is the difference between st? Explain your answers

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