Figure: Short-Run Costs II (Figure: Short-Run Costs II) Look at the figure Short-Run Costs II.At six units of output, average total cost is approximately:
A)$100.
B)$120.
C)$170.
D)$250.

Name: Figure: Short-Run Costs II (Figure: Short-Run Costs II) Look at the figure Short-Run Costs II.At six units of output, average total cost is approximately: A)$100. B)$120. C)$170. D)$250.
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Question

Figure: Short-Run Costs II   (Figure: Short-Run Costs II) Look at the figure Short-Run Costs II.At six units of output, average total cost is approximately:
A)$100. 
B)$120. 
C)$170. 
D)$250.

Quizplus · Accepted Answer

At six units of output, the point where MC intersects ATC, the average total cost is approximately $170.