Table 16-5
This table shows the demand schedule, marginal cost, and average total cost for a monopolistically competitive firm.
-Refer to Table 16-5. What is this firm's total cost at the profit-maximizing quantity?
A)$12
B)$18
C)$32
D)$36

Question

Table 16-5
This table shows the demand schedule, marginal cost, and average total cost for a monopolistically competitive firm. 
-Refer to Table 16-5. What is this firm's total cost at the profit-maximizing quantity?
A)$12 
B)$18 
C)$32 
D)$36

Quizplus · Accepted Answer

The Answer of Table 16-5
This table shows the demand schedule, marginal cost, and average total cost for a monopolistically competitive firm. 
-Refer to Table 16-5. What is this firm's total cost at the profit-maximizing quantity?
A)$12 
B)$18 
C)$32 
D)$36

Table 16-5 This Table Shows the Demand Schedule, Marginal Cost, and Average