-Refer to the graph above to answer this question.Could this firm produce an output of 200 at an average total cost of $20?
A)Yes,and that output is economic capacity.
B)Yes,but production would be inefficient.
C)No,this combination would be unobtainable given present resource prices and the current state of technology.
D)No,this combination is unobtainable because production would be inefficient.

Question

-Refer to the graph above to answer this question.Could this firm produce an output of 200 at an average total cost of $20?
A)Yes,and that output is economic capacity. 
B)Yes,but production would be inefficient. 
C)No,this combination would be unobtainable given present resource prices and the current state of technology. 
D)No,this combination is unobtainable because production would be inefficient.

Quizplus · Accepted Answer

Without seeing the specific graph, the answer can be inferred based on general economic principles. If a firm cannot produce an output of 200 at an average total cost of $20 due to current resource prices and technology, it means this combination is unattainable with the firm's existing production capabilities and resource costs. This scenario suggests limitations due to the state of technology or the cost of inputs, rather than inefficiency in production processes.

-Refer to the Graph Above to Answer This Question