-At what output would this firm produce most efficiently?
A)40 units
B)50 units
C)60 units
D)70 units

Name: -At what output would this firm produce most efficiently? A)40 units B)50 units C)60 units D)70 units
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Question

-At what output would this firm produce most efficiently?
A)40 units 
B)50 units 
C)60 units 
D)70 units

Quizplus · Accepted Answer

A firm produces most efficiently at the output level where average total cost is minimized, which is typically at the point of productive efficiency. Without specific cost data, 50 units is often a reasonable assumption for such a point in many textbook examples.

-At What Output Would This Firm Produce Most Efficiently