The average total cost curves for Plant 1, ATC0, and Plant 2, ...

[luvbio]

The average total cost curves for Plant 1, ATC0, and Plant 2, ATC1, are shown in the figure above. The long-run average cost curve goes through points
 
  A) C, D, G.
  B) A, C, E.
  C) A, B, D, G.
  D) A, B, D, E, F.

Question 2

In the figure above, a single-price unregulated monopoly will produce an amount of output equal to
 
  A) h.
  B) j.
  C) k.
  D) none of the above.

[lkanara2]

Answer to Question 1

C

Answer to Question 2

A