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Question 6 solve please shows the long-run average costs for three firms. Quantity Ali's Hats Bodi's Bats Cody's Mats 1 $100 $100 $100 2 45

Question 6 solve please

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shows the long-run average costs for three firms. Quantity Ali's Hats Bodi's Bats Cody's Mats 1 $100 $100 $100 2 45 90 90 60 40 60 A w 90 40 40 5 110 40 30 180 40 20 240 90 30 a) In which industry, Hats, Bats or Mats, would there likely be many small firms? Industry: (Click to select) v b) In which industry, Hats, Bats or Mats, would there likely be firms of many different sizes? Industry: (Click to select) v c) Which industry, Hats, Bats or Mats, would likely be dominated by a few large firms? Industry: (Click to select) v

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