Use the following to answer question:
-(Figure: Short-Run Costs II)Use Figure: Short-Run Costs II.At 6 units of output,average total cost is approximately:
A)$100.
B)$120.
C)$170.
D)$250.

Question

Use the following to answer question: 
-(Figure: Short-Run Costs II)Use Figure: Short-Run Costs II.At 6 units of output,average total cost is approximately:
A)$100. 
B)$120. 
C)$170. 
D)$250.

Quizplus · Accepted Answer

At 6 units of output, the average total cost is approximately $170, which is where the ATC curve intersects with the MC curve.

Use the Following to Answer Question