
-If you wanted to produce at an output of 80,in the long run you would choose a plant whose size is represented by
A) ATC1.
B) ATC2.
C) ATC3.
D) ATC4.
E) ATC5.
Correct Answer:
Verified
Q98: Q99: Economies of scale include each of the Q100: Statement I: In the short run,when output Q101: If ATC is rising,MC Q102: Statement I: At an output of 0,variable Q104: If ATC is $100,AVC is $90 and Q105: Statement I: The decision to shut down Q106: We can say that output has definitely Q107: If a firm is losing money,in the Q108: Which of the following is an example![]()
A)must be below ATC.
B)may
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