The following figure shows the marginal cost curve,average total cost curve,average variable cost curve,and marginal revenue curve for a firm for different levels of output.
Figure 9-3
-Refer to Figure 9-3.At the output level OC,average fixed cost is equal to _____.
A)ZM
B)GZ
C)GM
D)MC

Question

The following figure shows the marginal cost curve,average total cost curve,average variable cost curve,and marginal revenue curve for a firm for different levels of output.
Figure 9-3 
-Refer to Figure 9-3.At the output level OC,average fixed cost is equal to _____.
A)ZM 
B)GZ 
C)GM 
D)MC

Quizplus · Accepted Answer

The Answer of The following figure shows the marginal cost curve,average total cost curve,average variable cost curve,and marginal revenue curve for a firm for different levels of output.
Figure 9-3 
-Refer to Figure 9-3.At the output level OC,average fixed cost is equal to _____.
A)ZM 
B)GZ 
C)GM 
D)MC

The Following Figure Shows the Marginal Cost Curve,average Total Cost