The table given below shows the total fixed and variable costs of a firm. Table 7.3

- Using the information in Table 7.3 we can conclude that the marginal-cost curve intersects the average-variable-cost curve at ____ unit(s) of output.
A)1
B)2
C)5
D)4

Question

The table given below shows the total fixed and variable costs of a firm. Table 7.3

- Using the information in Table 7.3 we can conclude that the marginal-cost curve intersects the average-variable-cost curve at ____ unit(s) of output.
A)1 
B)2 
C)5 
D)4

Quizplus · Accepted Answer

The Answer of The table given below shows the total fixed and variable costs of a firm. Table 7.3

- Using the information in Table 7.3 we can conclude that the marginal-cost curve intersects the average-variable-cost curve at ____ unit(s) of output.
A)1 
B)2 
C)5 
D)4

The Table Given Below Shows the Total Fixed and Variable