The following table shows the average production costs per bushel of corn in five different sizes of farms operating under perfectly competitive conditions. Size 1 Size 2 Size 3 Size 4 Size 5 100 $6.50 200 5.30 6.00 300 5.25 5.50 6.00 400 5.70 5.00 5.00 6.00 6.50 500 6.25 5.15 4.50 5.00 5.75 600 7.50 5.70 4.90 4.50 5.25 004 800 6.25 5.40 4.75 4.75 6.00 5.25 5.00 Refer to the information above to answer this question. What is economic capacity in Plant 2? Select one: O A. 500. O B. 400. O C. 200. O D. 100. O E. 300.
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