Multiple Choice

-Refer to the graph above.If the firm is producing the level of output at the minimum average total cost of production,then the firm is producing where output
A) equals 1.5 units.
B) equals 3 units.
C) equals 3.5 units.
D) is between 1 and 3 units.
E) is between 2 and 3 units.
Correct Answer:
Verified
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