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The table shows the cost information for a farm when the farm has three different amounts of land: one field, two fields, or three fields.
The table shows the cost information for a farm when the farm has three different amounts of land: one field, two fields, or three fields. In the long run, if the farmer is producing 14 units, what would be their average total cost? TC(1) ATC(1) TC(2) ATC(2) TC(3) ATC(3) 100 200 300 104 104.0 202 202.0 301 301.0 112 56.0 2 206 103.0 303 151.5 124 41.3 212 70.7 306 102.0 140 35.0 220 55.0 310 77.5 YOUAWN 160 32.0 230 46.0 315 63.0 184 30.7 242 40.3 321 53.5 212 30.3 256 36.6 328 46.9 8 244 30.5 8 272 34.0 8 336 42.0 280 31.1 9 290 32.2 345 38.3 10 320 32.0 10 310 31.0 10 355 35.5 11 364 33.1 11 332 30.2 366 33.3 12 412 34.3 12 356 29.7 12 378 31.5 13 464 35.7 13 382 29.4 13 391 30.1 14 520 37.1 14 410 29.3 14 405 28.9 15 580 38.7 15 440 29.3 15 420 28.0
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