Graph 13-5 The set of curves above reflect information about the cost structure of a firm.Use this graph to answer the following question(s).
-Refer to Graph 13-5.Which of the curves is most likely to represent average total cost?
A)A
B)B
C)C

Question

Graph 13-5  The set of curves above reflect information about the cost structure of a firm.Use this graph to answer the following question(s).
-Refer to Graph 13-5.Which of the curves is most likely to represent average total cost?
A)A 
B)B 
C)C

Quizplus · Accepted Answer

Curve B is most likely to represent average total cost because it typically has a U-shape, reflecting economies and diseconomies of scale.

Graph 13-5 the Set of Curves Above Reflect Information