The marginal cost curve crosses the average total cost curve at:
A)the efficient scale
B)economies of scale
C)diseconomies of scale
D)maximum ATC

Question

Quizplus · Accepted Answer

The point where the marginal cost curve intersects the average total cost curve is the efficient scale. This point represents the lowest possible average cost for the given level of output. Therefore, A is the correct answer.

The Marginal Cost Curve Crosses the Average Total Cost Curve