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The Above Diagram Shows the Short-Run Average Total Cost Curves

Question 120

Multiple Choice

  The above diagram shows the short-run average total cost curves for five different plant sizes of a firm.In the long run the firm should produce output 0x with a plant of size: A)  #4. B)  #3. C)  #2. D)  #1. The above diagram shows the short-run average total cost curves for five different plant sizes of a firm.In the long run the firm should produce output 0x with a plant of size:


A) #4.
B) #3.
C) #2.
D) #1.

Correct Answer:

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