1- neither long-run nor short-run average total cost- 2- long-run a.docx

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Refer to the graph shown. A firm that produces 900 units of output using the plant size associated with SATC2 minimizes: 1-neither long-run nor short-run average total cost. 2-long-run average total cost only. 3-both long-run and short-run average total cost. 4-short-run average total cost only. Solution at this point both long run and short run average total cost will be minimize and the correct option is 3. .

Educação

1- neither long-run nor short-run average total cost.
2- long-run average total cost only.
3- both long-run and short-run average total cost.
4- short-run average total cost only.
Refer to the graph shown. A firm that produces 900 units of output using the plant size
associated with SATC2 minimizes: 1-neither long-run nor short-run average total cost. 2-long-
run average total cost only. 3-both long-run and short-run average total cost. 4-short-run average
total cost only.
Solution
at this point both long run and short run average total cost will be minimize
and the correct option is 3.

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