In Figure 1 , if you want to produce an output of 100, in the long run you will choose a plant whose size is represented by . (LO8)

a) ATC 1

b) ATC 2

c) ATC 3

d) ATC 4

e) ATC 5

Transcribed Image Text:

Cost ($) ATC ATC ATC 100 200 Output 300 ATC ATC 400