Chun's Car Wash, which operates in a perfectly competitive market can - in the long run - choose between three possible production methods that have costs as follows:

Question 1 1/1pts Chun's Car Wash, which operates in a perfectly competitive market can - in the long run - choose between three possible production methods that have costs as follows: Production Method Production Method Production Method 1 2 3 FC 100 MC per car washed 10 Chun's output increases from 40 cars to 120 cars. In the long-run we would expect the production method used by Chun's business to: Switch from production method 1 to production method 3 Switch from production method 1 to production method 2. Switch from production method 2 to production method 3. Stay using production method 1