Table 16-4
This table shows the demand schedule, marginal cost, and average total cost for a monopolistically competitive firm.
-Refer to Table 16-4. If the government forces this firm to produce at its efficient output level, how much output will this firm produce?
A)0 units of output
B)3 units of output
C)4 units of output
D)5 units of output

Question

Table 16-4
This table shows the demand schedule, marginal cost, and average total cost for a monopolistically competitive firm. 
-Refer to Table 16-4. If the government forces this firm to produce at its efficient output level, how much output will this firm produce?
A)0 units of output 
B)3 units of output 
C)4 units of output 
D)5 units of output

Quizplus · Accepted Answer

The Answer of Table 16-4
This table shows the demand schedule, marginal cost, and average total cost for a monopolistically competitive firm. 
-Refer to Table 16-4. If the government forces this firm to produce at its efficient output level, how much output will this firm produce?
A)0 units of output 
B)3 units of output 
C)4 units of output 
D)5 units of output

Table 16-4 This Table Shows the Demand Schedule, Marginal Cost, and Average