LRATC minimum ATC A between points A and B. B to the left of point A. to the right of point B. at points A and B.

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 24SQ
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In the figure shown, the long-run average total cost curve (LRATC) indicates that there are diseconomies of scale:
SA
LRATC
minimum ATC
A
A) between points A and B.
to the left of point A.
to the right of point B.
at points A and B.
Transcribed Image Text:In the figure shown, the long-run average total cost curve (LRATC) indicates that there are diseconomies of scale: SA LRATC minimum ATC A A) between points A and B. to the left of point A. to the right of point B. at points A and B.
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