Multiple Choice
Below is short-run cost data for four different plant sizes.Plant 2 has exactly twice as many inputs as does Plant 1.Plant 3 has exactly three times as many inputs as does Plant 1 and Plant 4 has exactly four times as many inputs as does Plant 1.
-Refer to the information above to answer this question.What is the best plant to use for an output of 25?
A) Plant 1.
B) Plant 2.
C) Plant 3.
D) Plant 4.
E) Any of the four plants would be fine.
Correct Answer:

Verified
Correct Answer:
Verified
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