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    Microeconomics Study Set 30
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    Exam 12: Production and Cost Analysis II
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    Refer to the Graph Shown
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Refer to the Graph Shown

Question 111

Question 111

Multiple Choice

Refer to the graph shown. If a firm wants to produce 300 units of output, it should use the plant size represented by: Refer to the graph shown. If a firm wants to produce 300 units of output, it should use the plant size represented by:   A)  SATC<sub>1</sub>. B)  SATC<sub>2</sub>. C)  SATC<sub>3. </sub> D)  SATC<sub>4</sub>.


A) SATC1.
B) SATC2.
C) SATC3.
D) SATC4.

Correct Answer:

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