What is the long-run average total cost for output level

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In the long run, Martha Mowers can assemble 300 mowers per week at a total cost of $18,000; 400 mowers at a total cost of $24,000; or 500 mowers at a cost of $35,000.

Using the red points (cross symbol), plot the long-run average total cost (LRATC) for these three levels of output (300, 400, and 500 mowers per week).

Reference no: EM13222337

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