Use the following to answer questions:
Figure: Short-Run Costs II
-(Figure: Short-Run Costs II) Look at the figure Short-Run Costs II. Curve 1 crosses the average variable cost curve at:
A) 3 units of output.
B) approximately 5.3 units of output.
C) the minimum value of curve 2.
D) the level of output at which diminishing marginal returns begin.

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Use the following to answer questions:
Figure: Short-Run Costs II 
-(Figure: Short-Run Costs II) Look at the figure Short-Run Costs II. Curve 1 crosses the average variable cost curve at:
A) 3 units of output. 
B) approximately 5.3 units of output. 
C) the minimum value of curve 2. 
D) the level of output at which diminishing marginal returns begin.

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The Answer of Use the following to answer questions:
Figure: Short-Run Costs II 
-(Figure: Short-Run Costs II) Look at the figure Short-Run Costs II. Curve 1 crosses the average variable cost curve at:
A) 3 units of output. 
B) approximately 5.3 units of output. 
C) the minimum value of curve 2. 
D) the level of output at which diminishing marginal returns begin.

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