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

-In Table 7.3,marginal cost is equal to average total cost at a quantity of:
A)1 unit.
B)3 units.
C)4 units.
D)5 units.
E)8 units.

Question

The table given below shows the total fixed and variable costs of a firm. Table 7.3
 
-In Table 7.3,marginal cost is equal to average total cost at a quantity of:
A)1 unit. 
B)3 units. 
C)4 units. 
D)5 units. 
E)8 units.

Quizplus · Accepted Answer

The Answer of The table given below shows the total fixed and variable costs of a firm. Table 7.3
 
-In Table 7.3,marginal cost is equal to average total cost at a quantity of:
A)1 unit. 
B)3 units. 
C)4 units. 
D)5 units. 
E)8 units.

The Table Given Below Shows the Total Fixed and Variable