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What does the long-run average cost curve represent in terms of plant size?a)It represents the optimal plant size for each level of output.b)It shows the fixed costs associated with various plant sizes.c)It indicates the short-run cost behavior of a firm.d)It depicts the total cost of production.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What does the long-run average cost curve represent in terms of plant size?a)It represents the optimal plant size for each level of output.b)It shows the fixed costs associated with various plant sizes.c)It indicates the short-run cost behavior of a firm.d)It depicts the total cost of production.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the long-run average cost curve represent in terms of plant size?a)It represents the optimal plant size for each level of output.b)It shows the fixed costs associated with various plant sizes.c)It indicates the short-run cost behavior of a firm.d)It depicts the total cost of production.Correct answer is option 'A'. Can you explain this answer?.

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