Refer to the short-run production and cost data. In Figure B curve (3)is
A)AVC and curve (4)is MC.
B)MC and curve (4)is AVC.
C)MC and curve (4)is AFC.
D)AFC and curve (4)is MC.

Question

Refer to the short-run production and cost data. In Figure B curve (3)is
A)AVC and curve (4)is MC. 
B)MC and curve (4)is AVC. 
C)MC and curve (4)is AFC. 
D)AFC and curve (4)is MC.

Quizplus · Accepted Answer

The Answer of  Refer to the short-run production and cost data. In Figure B curve (3)is
A)AVC and curve (4)is MC. 
B)MC and curve (4)is AVC. 
C)MC and curve (4)is AFC. 
D)AFC and curve (4)is MC.

Refer to the Short-Run Production and Cost Data