-Dustin's Copy Shop Can Use Four Alternative Plants

question 112

Multiple Choice

-Dustin's copy shop can use four alternative plants. The figure above shows the average total cost curves for Plant 1 (ATC1) , Plant 2 (ATC2) , Plant 3 (ATC3) , and Plant 4 (ATC4) . What is Dustin's long- run average cost if the output is 3,000 copies per day?

• A) 5.0 cents per copy
• B) 8.5 cents per copy
• C) 3.7 cents per copy
• D) More information is needed to determine the long- run average cost.

---

Definitions:

Adjusting Entries

Journal entries made in accounting records at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.

Accounting System

A set of processes and tools used by entities to track financial transactions, maintain accurate records, and prepare financial statements.

Navigating QBO

The process of efficiently moving through QuickBooks Online’s interface to utilize its comprehensive features for managing financial tasks.

Financial Dashboard

A specialized dashboard focused on displaying key financial metrics and performance indicators to help in decision-making.