At Quantities Greater Than the Long-Run Least Cost Per Unit

question 116

Multiple Choice

At quantities greater than the long-run least cost per unit of output, the long-run average total cost curve is of the corresponding short-run average total cost curve.

• A)tangent to the minimum .
• B)tangent to the maximum
• C)to the right of the minimum .
• D)to the left of the minimum

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