Refer to the following:

The wage rate is $600 and total fixed cost is $15,000.
-How much output does the firm produce when average variable cost is at its minimum?
A) 270
B) 375
C) 30
D) 1,600
E) 4,800

Question

Refer to the following:
  
The wage rate is $600 and total fixed cost is $15,000.
-How much output does the firm produce when average variable cost is at its minimum?
A) 270 
B) 375 
C) 30 
D) 1,600 
E) 4,800

Quizplus · Accepted Answer

The Answer of Refer to the following:
  
The wage rate is $600 and total fixed cost is $15,000.
-How much output does the firm produce when average variable cost is at its minimum?
A) 270 
B) 375 
C) 30 
D) 1,600 
E) 4,800

Refer to the Following