The figure below shows short-run average total cost curves for a firm under four different production technologies. Assume that there are only four different technologies that the firm could use.

-Refer to the figure above.The minimum average total cost to produce a quantity between QD and QF is achieved by using technology ________.

Question

The figure below shows short-run average total cost curves for a firm under four different production technologies. Assume that there are only four different technologies that the firm could use.
 
-Refer to the figure above.The minimum average total cost to produce a quantity between QD and QF is achieved by using technology ________.

Quizplus · Accepted Answer

The Answer of The figure below shows short-run average total cost curves for a firm under four different production technologies. Assume that there are only four different technologies that the firm could use.
 
-Refer to the figure above.The minimum average total cost to produce a quantity between QD and QF is achieved by using technology ________.

The Figure Below Shows Short-Run Average Total Cost Curves for a Firm