- For the output levels in Table 21.4,the minimum of the average variable cost curve occurs at a production rate of

Name: - For the output levels in Table 21.4,the minimum of the average variable cost curve occurs at a production rate of
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The minimum of the average variable cost curve typically occurs at the production level where the average variable cost is the lowest. In this context, it is given as 2 units per day.

- for the Output Levels in Table 21