Refer to the diagram, where variable inputs of labor are being added to a constant amount of property resources. Average variable cost will be at a minimum when the firm is hiring
A)Q₃ workers.
B)Q₂ workers.
C)Q₁ workers.
D)more than Q₃ workers.

Question

Refer to the diagram, where variable inputs of labor are being added to a constant amount of property resources. Average variable cost will be at a minimum when the firm is hiring
A)Q₃ workers. 
B)Q₂ workers. 
C)Q₁ workers. 
D)more than Q₃ workers.

Quizplus · Accepted Answer

The Answer of  Refer to the diagram, where variable inputs of labor are being added to a constant amount of property resources. Average variable cost will be at a minimum when the firm is hiring
A)Q₃ workers. 
B)Q₂ workers. 
C)Q₁ workers. 
D)more than Q₃ workers.

Refer to the Diagram, Where Variable Inputs of Labor Are