The graph shows a total cost function. Determine the level of production at which average cost is minimized.
A)200 units
B)800 units
C)400 units
D)0 units
E)600 units

Question

The graph shows a total cost function. Determine the level of production at which average cost is minimized. 
A)200 units 
B)800 units 
C)400 units 
D)0 units 
E)600 units

Quizplus · Accepted Answer

The Answer of The graph shows a total cost function. Determine the level of production at which average cost is minimized. 
A)200 units 
B)800 units 
C)400 units 
D)0 units 
E)600 units

The Graph Shows a Total Cost Function