A firm has the following average total cost curves: Quantity ATC11 ATC22 ATC33 ATC44 1 100 150 50 200 2 80 130 45 170 3 60 110 40 140 4 50 90 45 110 5 55 70 60 90 6 85 60 80 70 7 120 75 100 65 In the long run what is the average total cost when five goods are produced? $

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Chapter6: Proudction Costs
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A firm has the following average total cost curves:

Quantity ATC11 ATC22 ATC33 ATC44
1 100 150 50 200
2 80 130 45 170
3 60 110 40 140
4 50 90 45 110
5 55 70 60 90
6 85 60 80 70
7 120 75 100 65

In the long run what is the average total cost when five goods are produced?

$

 

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