Exhibit 7-9
-If the firm represented in Exhibit 7-9 wants to produce output level q, then in the long run it should build a plant size with average total cost curve of
A) 1
B) 2
C) 3
D) 4
E) the question cannot be answered with the information given

Question

Exhibit 7-9 
-If the firm represented in Exhibit 7-9 wants to produce output level q, then in the long run it should build a plant size with average total cost curve of
A) 1 
B) 2 
C) 3 
D) 4 
E) the question cannot be answered with the information given

Quizplus · Accepted Answer

The Answer of Exhibit 7-9 
-If the firm represented in Exhibit 7-9 wants to produce output level q, then in the long run it should build a plant size with average total cost curve of
A) 1 
B) 2 
C) 3 
D) 4 
E) the question cannot be answered with the information given

Exhibit 7-9 -If the Firm Represented in Exhibit 7-9 Wants to Produce