The following figure plots Short Run Average Cost functions for small,medium,and large plants.Based on the figure and plots provided,for which quantity level is a medium plant the best choice? 
Definitions:
Error-Free Decisions
Decisions made without mistakes, achieved through careful analysis, planning, and consideration of all relevant information.
Recognition Heuristics
A cognitive shortcut where a decision is made based on the recognition or familiarity of an option rather than on a detailed comparison or analysis.
Hardwired Heuristics
Innate or instinctual mental shortcuts that humans use to make decisions or solve problems efficiently.
Dictator Games
A type of economic experiment where one participant (the "dictator") determines how to split an endowment between themselves and another participant, with no repercussions or rewards for their choice.
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