Suppose a fim has two plants with the following costsPlant 1: C, -4a -3000 1,000.000andPlart 2 -16-600g -2,000,000.At what output in the verage cost minimized in each plant?Plant 1 average costs are minimized at outputq (Enter a numerio response using an integer)

The average cost is the cost per unit of output. The average cost would be a function of output or…

Suppose a fim has hwo plants with the folowing coets ParttC,-at-1000 1.000.000 and Part 2 -15-s00g -2.000.00 At what output is the verage.cost minimized in each plant? Plant 1 average costs are minimized at output - (Enter a numeric reponse using an integer)

Suppose a fim has hwo plants with the folowing coets ParttC,-at-1000 1.000.000 and Part 2 -15-s00g -2.000.00 At what output is the verage.cost minimized in each plant? Plant 1 average costs are minimized at output - (Enter a numeric reponse using an integer)

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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Question

Suppose a fim has two plants with the following costs
Plant 1: C, -4a -3000 1,000.000
and
Plart 2 -16-600g -2,000,000.
At what output in the verage cost minimized in each plant?
Plant 1 average costs are minimized at output
q (Enter a numerio response using an integer)

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