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Please solve. The table below shows average cost data for three differentsized plants1T 2, and 3which are the only three sizes possible. Output Plant 2

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The table below shows average cost data for three differentsized plants1T 2, and 3which are the only three sizes possible. Output Plant 2 Plant 3 55 2,050 $ 2,050 $ 1,200 20 1,050 1,550 1,100 30 1 ,050 750 I , 200 so 1 ,250 I , sun 1 ,350 I , dDD a. What is the value of AC at economic capacity in each of the three plants? Plant 1: Plant 2: Plant 3: b. What does your answer to [a] sayr about the shape of the LRAC curve? [Click to select] V c. In which plant size is minimum efcient scale achieved? E

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