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follow the picture Question 16 Long-Run Total Cost Quantity (Dollars) Firm 1 Firm 2 Firm 3 Firm 4 180 120 150 210 350 250 300

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Question 16 Long-Run Total Cost Quantity (Dollars) Firm 1 Firm 2 Firm 3 Firm 4 180 120 150 210 350 250 300 340 C NO 510 390 450 490 660 540 600 660 800 700 750 850 930 870 900 1,060 1,050 1,050 1,050 1,290 Refer to Table above. Which firm has economies of scale and then diseconomies of scale over the entire range of output? Firm 2 Firm 3 O Firm 1 Firm 4 A Moving to another question will save this response. 90 ESC PrtSon Home End POUP F6 F30 DE 5 7 8

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