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Exhibit 7-15 Long and Short-Run Cost of Producing Color Printers

Question 30

Multiple Choice

Exhibit 7-15 Long and Short-Run cost of Producing Color Printers Exhibit 7-15 Long and Short-Run cost of Producing Color Printers If the firm represented in Exhibit 7-15 wants to produce output level Q<sub>3</sub>, then in the long run it should build a plant size with average total cost curve of A) A B) B C) C D) A or B E) the question cannot be answered with the information given If the firm represented in Exhibit 7-15 wants to produce output level Q3, then in the long run it should build a plant size with average total cost curve of


A) A
B) B
C) C
D) A or B
E) the question cannot be answered with the information given

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