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In Figure 21

question 98

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  In Figure 21.4, a firm that produces between 600 and 800 units per period should choose a plant with a short-run average total cost function of A)  ATC<sub>2</sub> only<sub>.</sub> B)  ATC<sub>1</sub> only. C)  ATC<sub>3</sub> only. D)  ATC<sub>2</sub> or ATC<sub>3</sub>. In Figure 21.4, a firm that produces between 600 and 800 units per period should choose a plant with a short-run average total cost function of


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