Scenario: A manufacturing firm operates three plants with the marginal cost curves shown in the figure and the average total costs summarized in the table below.

-Refer to the scenario above.The firm should exit the market if the price per 100 kg falls below ________.
A) $80
B) $60
C) $50
D) $30

Question

Scenario: A manufacturing firm operates three plants with the marginal cost curves shown in the figure and the average total costs summarized in the table below.

-Refer to the scenario above.The firm should exit the market if the price per 100 kg falls below ________.
A) $80 
B) $60 
C) $50 
D) $30

Quizplus · Accepted Answer

The Answer of Scenario: A manufacturing firm operates three plants with the marginal cost curves shown in the figure and the average total costs summarized in the table below.

-Refer to the scenario above.The firm should exit the market if the price per 100 kg falls below ________.
A) $80 
B) $60 
C) $50 
D) $30

Scenario: a Manufacturing Firm Operates Three Plants with the Marginal