Below Is Short-Run Cost Data for Four Different Plant Sizes

question 104

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 economic capacity in Plant 2?

• A)20.
• B)30.
• C)40.
• D)50.

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