-In the above figure, the intersection of curves A and C is the point at which
A) average total cost is minimized.
B) average variable cost is minimized.
C) average fixed cost is minimized.
D) total product is maximized.

Question

-In the above figure, the intersection of curves A and C is the point at which
A) average total cost is minimized. 
B) average variable cost is minimized. 
C) average fixed cost is minimized. 
D) total product is maximized.

Quizplus · Accepted Answer

The Answer of 
-In the above figure, the intersection of curves A and C is the point at which
A) average total cost is minimized. 
B) average variable cost is minimized. 
C) average fixed cost is minimized. 
D) total product is maximized.

-In the Above Figure, the Intersection of Curves a and C