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-The Figure Above Shows the Market Demand Curve and the ATC

Question 3

Multiple Choice

-The figure above shows the market demand curve and the ATC curve for a firm. If all firms in the market have the same ATC curve, economies of scale limit the market to ________ firm(s) . A) 4 B) 2 C) 8 D) 3 E) 1
-The figure above shows the market demand curve and the ATC curve for a firm. If all firms in the market have the same ATC curve, economies of scale limit the market to ________ firm(s) .


A) 4
B) 2
C) 8
D) 3
E) 1

Correct Answer:

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