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Plant sizes get larger as you move from ATC-I to ATC-4. Output 1, 500 3; 500 4, 500 5, 500 ATC-I $ 10 8
Plant sizes get larger as you move from ATC-I to ATC-4. Output 1, 500 3; 500 4, 500 5, 500 ATC-I $ 10 8 9 12 15 18 20 24 29 35 ATC-2 15 12 10 8 6 10 12 15 19 25 ATC-3 $ 20 17 15 13 11 9 7 11 13 15 $ 30 25 20 18 16 14 12 10 8 9 In the long run, the firm should use plant size ATC-I for what level of output?
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The Strictures Of Inheritance The Dutch Economy In The Nineteenth Century
Authors: Jan Luiten Van Zanden, Arthur Van Riel, Ian Cressie
1st Edition
0691229309, 9780691229300
