For each size of plant a manufacturer could build, there is a different
A)long-run average fixed cost curve
B)long-run average variable cost curve
C)short-run average total cost curve
D)long-run average total cost curve
E)long-run marginal cost curve

Question

Quizplus · Accepted Answer

Each size of plant corresponds to a different short-run average total cost curve because in the short run, the plant size is fixed, and costs vary with output levels.

For Each Size of Plant a Manufacturer Could Build, There