Please answer the long-run cost question with an explanation. Thank you.

Long-Run Cost Curve Your email address will be recorded when you submit this form. Not stephen.coker@stu.hpisd.org? Switch account If the firm is operating at an output of Q1, where on the LRATC will this 25 points firm be operating in the long run? PRICE Short-run Long-run Marginal Cost Average Short-run Total Cost Average Total Cost Q, QUANTITY Short run average total cost. The firm Is the following statement true or false and explain why? In the long run, a cost-minimizing firm will overutilize its plant when it produces at an output level greater than the optimal level. MacBook Pro 000 000 F4 DII F5 F6 F7 F8 F9Is the following statement true or false and explain why? The short-run 25 points average total cost curve declines and then increases as a factor input increases because of economies and diseconomies of scale. Your answer If the firm is operating at an output of Q1, where on the marginal product 25 points curve will this firm be operating in the short run? PRICE Short-run Long-run Marginal Cost Average Total Cost 4-_ Short-run _ -Average Total Cost QUANTITY Your answer Submit Never submit passwords through Google Forms This form was created inside of Highland Park ISD Report Abuse MacBook Pro 20 F3 F4 F5 F6 F7 F8 F9