(Table: Competitive Firm) Refer to the table that shows therevenue and cost schedules for a competitive firm. What is theaverage cost at the profit maximizing quantity?
A)$54.30
B)$58.75
C)$50
D)$80

Question

(Table: Competitive Firm) Refer to the table that shows therevenue and cost schedules for a competitive firm. What is theaverage cost at the profit maximizing quantity?
A)$54.30 
B)$58.75 
C)$50 
D)$80

Quizplus · Accepted Answer

The Answer of  (Table: Competitive Firm) Refer to the table that shows therevenue and cost schedules for a competitive firm. What is theaverage cost at the profit maximizing quantity?
A)$54.30 
B)$58.75 
C)$50 
D)$80

(Table: Competitive Firm) Refer to the Table That Shows Therevenue