If average total costs are minimized for a single, unique quantity of output, then industry. If average total costs are minimized for multiple quantities of output, then industry. O one; one one; multiple multiple; one multiple; multiple size(s) of firms may compete in an size(s) of firms may compete in an

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter22: Supply: The Costs Of Doing Business
Section: Chapter Questions
Problem 14E
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QUESTION 8
If average total costs are minimized for a single, unique quantity of output, then
industry. If average total costs are minimized for multiple quantities of output, then
industry.
one; one
one; multiple
multiple; one
multiple; multiple
size(s) of firms may compete in an
size(s) of firms may compete in an
Transcribed Image Text:QUESTION 8 If average total costs are minimized for a single, unique quantity of output, then industry. If average total costs are minimized for multiple quantities of output, then industry. one; one one; multiple multiple; one multiple; multiple size(s) of firms may compete in an size(s) of firms may compete in an
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