What segment of the lac curve are these producers producing

Reference no: EM131072371

Amanda's Apple Orchard Productions Limited produces 10,000 kilograms of apples per month. Her total production costs at this output level are $8,000. Two of her many competitors have larger-scale operations and produce 12,000 and 15,000 kilos at total costs of $9,500 and $11,000 respectively. If this industry is competitive, on what segment of the LAC curve are these producers producing?

Reference no: EM131072371

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