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For the Output Levels in Table 21

Question 92

Multiple Choice

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


A) 3 units per day.
B) 2 units per day.
C) 4 units per day.
D) Zero units per day.

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