O $10The table shows three short-run cost schedules for three plants of different sizes that a firm might build in the long run. 20 Plant
O $10The table shows three short-run cost schedules for three plants of different sizes that a firm might build in the long run. 20 Plant 1 Plant 2 Plant 3 Output ATC Output ATC Output ATC 10 $ 10 10 $ 15 10 $ 20 20 9 20 10 20 15 30 8 30 7 30 10 eBook 40 9 40 10 40 8 50 10 50 14 50 9 What is the long-run average cost of producing 30 units of output? Multiple Choice $7 O $8 O $9
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