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Use the Figure Below to Answer the Following Questions

Question 42

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 11.4.2 -Refer to Figure 11.4.2, which illustrates the short-run average total cost curves for four different plant sizes. Which curve represents the average total cost for the largest of the four plant sizes? A) ATC<sub>A</sub> B) ATC<sub>B</sub> C) ATC<sub>C</sub> D) ATC<sub>D</sub> E) either ATC<sub>C</sub> or ATC<sub>D</sub>
Figure 11.4.2
-Refer to Figure 11.4.2, which illustrates the short-run average total cost curves for four different plant sizes. Which curve represents the average total cost for the largest of the four plant sizes?


A) ATCA
B) ATCB
C) ATCC
D) ATCD
E) either ATCC or ATCD

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