(Figure: Long-Run and Short-Run Average Cost Curves)Use Figure: Long-Run and Short-Run

Multiple Choice

(Figure: Long-Run and Short-Run Average Cost Curves) Use Figure: Long-Run and Short-Run Average Cost Curves.If a firm faced the long-run average total cost curve shown in the figure and it expected to produce 100,000 units of the good in the long run,the firm should build the plant associated with: Ref 11-18 Figure: Long-Run and Short-Run Average Cost Curves

A) ATC₁.
B) ATC₂.
C) ATC₃.
D) ATC₁ or ATC₂.