Sarah's copy shop can use four alternative plants. The figure shows the average total cost curves for Plant 1 (ATG), Plant 2 (ATC2), Plant 3 (ATC3), and Plant 4 (ATCA). What is Sarah's long-run average cost if the output is 3,000 copies per day? ATC) ATC, ATC, ATC. 2 2 6 10 Quantity (thousands of copies per day) Select one: 3.7 cents per copy 8.5 cents per copy C More information is needed to determine the long-run average cost d. 5.0 cents per copy Average cost (cents per copy
Sarah's copy shop can use four alternative plants. The figure shows the average total cost curves for Plant 1 (ATG), Plant 2 (ATC2), Plant 3 (ATC3), and Plant 4 (ATCA). What is Sarah's long-run average cost if the output is 3,000 copies per day? ATC) ATC, ATC, ATC. 2 2 6 10 Quantity (thousands of copies per day) Select one: 3.7 cents per copy 8.5 cents per copy C More information is needed to determine the long-run average cost d. 5.0 cents per copy Average cost (cents per copy
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 17SQ
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