Multiple Choice
Figure 9-6
Figure 9-6 shows the demand, marginal cost (MC) and average total cost (ATC) curves for Jason's House of Apples.
-Refer to Figure 9-6.Jason is currently producing 20 thousand pounds of apples.To maximize his profit Jason should
A) keep production at 20 thousand pounds.
B) increase production to the output level indicated by point d.
C) increase production to the output level indicated by point e.
D) decrease production to the output level indicated by point a.
Correct Answer:
Verified
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