In Table 24.1, according to the profit maximization rule, at the profit-maximizing level of output, the average total cost is
A) $316.67.
B) $325.
C) $400.
D) $340.

Question

In Table 24.1, according to the profit maximization rule, at the profit-maximizing level of output, the average total cost is
A) $316.67. 
B) $325. 
C) $400. 
D) $340.

Quizplus · Accepted Answer

The Answer of  In Table 24.1, according to the profit maximization rule, at the profit-maximizing level of output, the average total cost is
A) $316.67. 
B) $325. 
C) $400. 
D) $340.