The Lynx Manufacturing Company produces components used in electronic toys. In fiscal year 2017, Lynx earned an accounting profit of $3 million. However, Lynxes production facilities might have also been used to produce components for mobile phones, which would have generated $2 million in revenues and saved the company $500,000 in production costs. Which of the following statements is true?a) lynx earned an economic profit of $5.5 million. b) lynx earned an economic profit of $500,000.c) lynx suffered an economic loss of $500,000.d) lynx suffered an economic loss of $2.5 million.