The [...]curve shows the minimum average total cost for each level of output assuming that the plant size (scale of the firm) can be adjusted
Answer
long-run average total cost (LRATC)
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Open it The long-run average total cost (LRATC) curve shows the minimum average total cost for each level of output assuming that the plant size (scale of the firm) can be adjusted
Original toplevel document (pdf)
owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p88
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