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Plant sizes get larger as you move from ATC-1 to ATC-4. Output ATC-1 ATC-2 ATC-3 ATC-4 1,500 $ 10 15 $20 $30 2,000 $ 8
Plant sizes get larger as you move from ATC-1 to ATC-4.
Output ATC-1 ATC-2 ATC-3 ATC-4
1,500 $ 10 15 $20 $30
2,000 $ 8 12 17 25
2,500 $9 10 15 20
3,000 $12 8 13 18
3,500 $15 6 11 16
4,000 $18 10 9 14
4,500 $20 12 7 12
5,000 $24 15 11 10
5,500 $29 19 13 8
6,000 $35 25 15 9
Which plant size would produce at the least cost for the 1,500-2,500 range of output?
Multiple Choice
- ATC-1
- ATC-3
- ATC-4
- ATC-2
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