For each size of plant a manufacturer could build, there is a ...

[jman1234]

For each size of plant a manufacturer could build, there is a different
 a. long-run average fixed cost curve
  b. long-run average variable cost curve
  c. short-run average total cost curve
  d. long-run average total cost curve
  e. long-run marginal cost curve

Question 2

Which of the following is also known as the firm's planning curve?
 a. the average total cost curve
  b. the total cost curve
  c. the long-run average cost curve
  d. the long-run marginal cost curve
  e. the fixed cost curve

[Chou]

Answer to Question 1

C

Answer to Question 2

C