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    Exam 11: Output and Costs
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    -The Average Total Cost Curves for Plants A, B, C
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-The Average Total Cost Curves for Plants A, B, C

Question 393

Question 393

Multiple Choice

  -The average total cost curves for plants A, B, C, and D are shown in the above figure. It is possible that the long-run average cost curve runs through points A)  a, b, and c. B)  b, d, and e. C)  d, e, and f. D)  c and d.
-The average total cost curves for plants A, B, C, and D are shown in the above figure. It is possible that the long-run average cost curve runs through points


A) a, b, and c.
B) b, d, and e.
C) d, e, and f.
D) c and d.

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