Ch11

Decision Time Frames ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],Decision Time Frames

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Decision Time Frames

Short-Run Technology Constraint ,[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],Short-Run Technology Constraint

[object Object],[object Object],[object Object],[object Object],[object Object],Short-Run Technology Constraint

[object Object],[object Object],Short-Run Technology Constraint

[object Object],[object Object],[object Object],Short-Run Technology Constraint

[object Object],Short-Run Technology Constraint ,[object Object],[object Object]

[object Object],Short-Run Technology Constraint ,[object Object]

[object Object],[object Object],Short-Run Technology Constraint ,[object Object]

Short-Run Cost ,[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Short-Run Cost

[object Object],Short-Run Cost ,[object Object],[object Object],[object Object]

[object Object],Short-Run Cost ,[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],Short-Run Cost

[object Object],[object Object],Short-Run Cost ,[object Object]

[object Object],Short-Run Cost ,[object Object],[object Object],[object Object],[object Object]

Short-Run Cost ,[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],Short-Run Cost

[object Object],Short-Run Cost

Long-Run Cost ,[object Object],[object Object],[object Object],[object Object]

Long-Run Cost ,[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],Long-Run Cost

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Long-Run Cost

Long-Run Cost ATC 1 is the ATC curve for a plant with 1 knitting machine.

Long-Run Cost ATC 2 is the ATC curve for a plant with 2 knitting machines.

Long-Run Cost ATC 3 is the ATC curve for a plant with 3 knitting machines .

Long-Run Cost ATC 4 is the ATC curve for a plant with 4 knitting machines .

Long-Run Cost 13 sweaters a day cost $7.69 each on ATC 1 .

Long-Run Cost 13 sweaters a day cost $6.80 each on ATC 2 . The least-cost way of producing 13 sweaters a day.

Long-Run Cost ,[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],Long-Run Cost

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