Average cost (cents per copy) 10 8 6 A 2 0 a. 3.7 b. 5 c. 4000 ATC₁ d. 4 e. 16 f. 8.5 g. 16000 ss 4 ATC2 ATC3 ATCA ***** 8 10 Quantity (thousands of copies per day) What is Dustin's long-run average cost if the output is 3,000 copies per day? 單選: 6

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
Average cost (cents per copy)
9
10
2
單選:
0
a. 3.7
b. 5
c. 4000 -
d. 4
e. 16
f. 8.5
g. 16000
ATC₁
2
What is Dustin's long-run average cost if the output is 3,000 copies per day?
6
8
10
Quantity (thousands of copies per day)
ATC2 ATC3 ATCA
4
Transcribed Image Text:Average cost (cents per copy) 9 10 2 單選: 0 a. 3.7 b. 5 c. 4000 - d. 4 e. 16 f. 8.5 g. 16000 ATC₁ 2 What is Dustin's long-run average cost if the output is 3,000 copies per day? 6 8 10 Quantity (thousands of copies per day) ATC2 ATC3 ATCA 4
Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Knowledge Booster
Economies of Scale
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education