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The diagram shows the short-run average total cost curves for five different plant sizes of a firm. What best describes what happens as we

  

The diagram shows the short-run average total cost curves for five different plant sizes of a firm. What best describes what happens as we go from #1 to # 2 to #3 to #4 to #5? Average Costs ($) 0 #1 X #2 #3 #4 #5 Output

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