Which of the Following Statements with Respect to the Figure

Multiple Choice

Which of the following statements with respect to the figure below is INCORRECT?

A) All the possible short-run average cost curves that correspond to the different plant sizes are shown as SAC1 - SAC8.
B) If the anticipated permanent rate of output per unit time period is Q1 in panel (a) , the optimal plant would correspond to SAC1.
C) If the permanent rate of output increases to Q2 in panel (a) , it will be more profitable to have a plant size corresponding to SAC3.
D) The long-run average cost curve LAC in panel (b) is sometimes called the planning curve representing the locus (path) of points.