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The Table Shows Three Short-Run Cost Schedules for Three Plants

Question 379

Multiple Choice

The table shows three short-run cost schedules for three plants of different sizes that a firm might build in the long run. The table shows three short-run cost schedules for three plants of different sizes that a firm might build in the long run. What is the long-run average cost of producing 30 units of output? A) $7 B) $8 C) $9 D) $10 What is the long-run average cost of producing 30 units of output?


A) $7
B) $8
C) $9
D) $10

Correct Answer:

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