Question: GMs restructuring plan will close 11 plants and reduce output at 3 others. boston.com, May 31, 2009 Explain the effects of the restructuring plan on

GM’s restructuring plan will close 11 plants and reduce output at 3 others. boston.com, May 31, 2009 Explain the effects of the restructuring plan on GM’s total fixed cost, total variable cost, short-run ATC curve, and LRAC curve.

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