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AP Microeconomics
Unit 3 โ Production, Cost, and the Perfect Competition Model
Topic 3.3
Unit 3 โ Production, Cost, and the Perfect Competition Model
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3.3 Long-Run Production Costs
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mixed difficulty
What happens to the average total cost (ATC) when a car company produces 100,000 cars?
It fluctuates unpredictably.
It becomes very low.
It remains constant.
It becomes very high.
Study guides (1)
AP Microeconomics - 3.3 Long-Run Production Costs
Key terms
Average Total Cost (ATC)
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