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-(Figure: Long-Run and Short-Run Average Cost Curves) Use Figure: Long-Run and Short-Run Average Cost Curves.If a firm faced the long-run average total cost curve shown in the figure and it expected to produce 100 000 units of the good in the long run,the firm should build the plant associated with:

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-(Figure: Long-Run and Short-Run Average Cost Curves) Use Figure: Long-Run and Short-Run Average Cost Curves.If a firm faced the long-run average total cost curve shown in the figure and it expected to produce 100 000 units of the good in the long run,the firm should build the plant associated with:

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The firm should build the plant associated with ATC₂ because it is the long-run average total cost curve that minimizes costs at the production level of 100,000 units.

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