Use the Following Graph to Answer the Following Questions

question 161

Multiple Choice

Use the following graph to answer the following questions.

-If the firm expanded its scale of production and found that its average costs did not change,which of the curves would reflect this situation?

• A) LRATC1 and LRATC2
• B) LRATC3
• C) LRATC2
• D) LRATC1
• E) LRATC1 and LRATC3

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