In 1955,the chairman of the Sony corporation offered to sell transistor radios through department stores in the United States.Sony based its selling price on its average total cost of production.If a store bought 5,000 radios,Sony would sell them at $29.95 each.For 10,000 there would be a discount,and for more than 10,000 the price would begin to climb.Based on this information,10,000 radios was located at the

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Sony based its selling price on its average total cost of production, which means that the price would be lowest at the point where the average total cost is the lowest, which is the minimum point on the average total cost curve. Therefore, 10,000 radios would be located at the minimum point on Sony's average total cost curve.

In 1955,the Chairman of the Sony Corporation Offered to Sell