For the output levels in Table 21.4, the minimum of the average total cost curve occurs at a production rate of
A) 2 units per day.
B) 3 units per day.
C) 4 units per day.
D) Zero units per day.

Question

For the output levels in Table 21.4, the minimum of the average total cost curve occurs at a production rate of
A) 2 units per day. 
B) 3 units per day. 
C) 4 units per day. 
D) Zero units per day.

Quizplus · Accepted Answer

The Answer of  For the output levels in Table 21.4, the minimum of the average total cost curve occurs at a production rate of
A) 2 units per day. 
B) 3 units per day. 
C) 4 units per day. 
D) Zero units per day.

For the Output Levels in Table 21