Question: Please explain step by step, thanks A rm employs a production function Q = F (K, L) for which only two values of K are

 Please explain step by step, thanks A rm employs a production

Please explain step by step, thanks

function Q = F (K, L) for which only two values of

A rm employs a production function Q = F (K, L) for which only two values of K are possible, K1 and K2. Its ATC curve when K = K1 is given by ATC1 = Q2 40 + 6. The corresponding curve for K = K2 is ATCZ = Q2 8Q + 18. What is this rm's LAC curve

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