Use the figure Long-Run Average Total Cost Curve for Magma Motors. If this firm is currently producing 11,000 cars per year, what does it experience if it increases output by 1,000 cars?

Figure: Long-Run Average Total Cost Curve for Magma Motors

Question

Use the figure Long-Run Average Total Cost Curve for Magma Motors. If this firm is currently producing 11,000 cars per year, what does it experience if it increases output by 1,000 cars?
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Figure: Long-Run Average Total Cost Curve for Magma Motors

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The Answer of Use the figure Long-Run Average Total Cost Curve for Magma Motors. If this firm is currently producing 11,000 cars per year, what does it experience if it increases output by 1,000 cars?
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Figure: Long-Run Average Total Cost Curve for Magma Motors

Use the Figure Long-Run Average Total Cost Curve for Magma