-Dustin's Copy Shop Can Use Four Alternative Plants

question 47

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

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Definitions:

GI Tract

The gastrointestinal tract, a system of organs responsible for digestion and absorption of food, extending from the mouth to the anus.

Autonomic Nervous System

The part of the nervous system that controls involuntary actions of the body, including heartbeat, digestion, and respiratory rate.

Neurotransmitters

Chemicals that transmit signals across a synapse from one neuron to another 'target' neuron, muscle cell, or gland cell.

Somatic Nervous System

Part of the peripheral nervous system associated with the voluntary control of body movements through the action of skeletal muscles.