The table given below shows the total fixed and variable costs of a firm.Table 8.3

-According to Table 8.3, the firm's marginal cost is equal to its average total cost at _____ unit(s) of output.
A)1
B)3
C)4
D)5

Question

The table given below shows the total fixed and variable costs of a firm.Table 8.3
 
-According to Table 8.3, the firm's marginal cost is equal to its average total cost at _____ unit(s) of output.
A)1 
B)3 
C)4 
D)5

Quizplus · Accepted Answer

The Answer of The table given below shows the total fixed and variable costs of a firm.Table 8.3
 
-According to Table 8.3, the firm's marginal cost is equal to its average total cost at _____ unit(s) of output.
A)1 
B)3 
C)4 
D)5

The Table Given Below Shows the Total Fixed and Variable