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Figure 10.4.2 Refer to Figure 10.4.2, which illustrates a firm's short-ru...

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A graph plots output versus average cost. The horizontal axis is labeled output (sweaters per day), and the vertical axis is labeled average cost (dollars per sweater). The horizontal axis ranges from 0 to 30 in increments of 5 units, and the vertical axis ranges from 0 to 12 in increments of 2 units. Four upward opening parabolic curves are labeled as ATC sub A, ATC sub B, ATC sub C, and ATC sub D, which intersects at points (10,17,22) of the horizontal axis.

Figure 10.4.2

Refer to Figure 10.4.2, which illustrates a firm's short-run average total cost curves for four different plant sizes. Which curve represents the firm's average total cost of production when it uses the largest of the four plant sizes?

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