ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Transcribed Image Text:Plant sizes get larger as you move from ATC-1 to ATC-4.
Output
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
5,500
6,000
ATC-1
$ 10
8
9
12
15
18
20
24
29
35
ATC-2
15
12
10
8
6
10
12
15
19
25
ATC-3
$ 20
17
15
13
11
9
7
11
13
15
ATC-4
$ 30
25
20
18
16
14
12
10
8
9
In the long run, the firm should use plant size ATC-3 for what level of output?
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