Exhibit 12-8 The long-run total cost schedule of a perfectly competitive firm that produces walnuts is as follows:
Refer to Exhibit 12-8.The average total cost of producing 2,000 pounds of walnuts in the long run is:

Question

Exhibit 12-8 The long-run total cost schedule of a perfectly competitive firm that produces walnuts is as follows:
 Refer to Exhibit 12-8.The average total cost of producing 2,000 pounds of walnuts in the long run is:

Quizplus · Accepted Answer

The Answer of Exhibit 12-8 The long-run total cost schedule of a perfectly competitive firm that produces walnuts is as follows:
 Refer to Exhibit 12-8.The average total cost of producing 2,000 pounds of walnuts in the long run is:

Exhibit 12-8 the Long-Run Total Cost Schedule of a Perfectly