A builder of custom motorcycles has a choice of operating out of one garage or two. When

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A builder of custom motorcycles has a choice of operating out of one garage or two. When it operates out of one garage, its average total cost of production is given by ATC1 = Q2 - 6Q + 14. If it operates out of two garages, its average total cost of production is given by ATC2 = Q2 - 10Q + 30. What does this firm's LATC look like? Can you describe it as a function?
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Microeconomics

ISBN: 9781464146978

1st Edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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