Use the figure below to answer the following questions. Figure 10.4.2
-Refer to Figure 10.4.2,which illustrates the short-run average total cost curves for four different plant sizes.Which curve represents the average total cost for the largest of the four plant sizes?
A)ATC A
B)ATC B
C)ATCS1U1C1A
D)ATC D
E)All plants are of equal size.

Question

Use the figure below to answer the following questions.  Figure 10.4.2
-Refer to Figure 10.4.2,which illustrates the short-run average total cost curves for four different plant sizes.Which curve represents the average total cost for the largest of the four plant sizes?
A)ATC A 
B)ATC B 
C)ATCS1U1C1A 
D)ATC D 
E)All plants are of equal size.

Quizplus · Accepted Answer

Curve ATCS1U1B1D represents the average total cost for the largest of the four plant sizes since it has the lowest average total cost per unit of output.

Use the Figure Below to Answer the Following Questions