Multiple Choice

-Refer to Table 5.2. We can conclude that the marginal-cost curve intersects the average-variable-cost curve at ____ units of output and the average-total-cost curve at ____ units of output.
A) 1; 1
B) 2; 3
C) 4; 4
D) 4; 5
E) 6; 7
Correct Answer:
Verified
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