-Refer to the graph above to answer this question.Could this firm produce an output of 200 at an average total cost of $30?
A)Yes,and that output would be economic capacity.
B)Yes,but production would be inefficient.
C)No,this combination is unobtainable given present resource prices and the current state of technology.
D)No,this combination is unobtainable because production would be inefficient.
E)Yes,and the firm is experiencing economies of scale.

Question

-Refer to the graph above to answer this question.Could this firm produce an output of 200 at an average total cost of $30?
A)Yes,and that output would be economic capacity. 
B)Yes,but production would be inefficient. 
C)No,this combination is unobtainable given present resource prices and the current state of technology. 
D)No,this combination is unobtainable because production would be inefficient. 
E)Yes,and the firm is experiencing economies of scale.

Quizplus · Accepted Answer

The Answer of 
-Refer to the graph above to answer this question.Could this firm produce an output of 200 at an average total cost of $30?
A)Yes,and that output would be economic capacity. 
B)Yes,but production would be inefficient. 
C)No,this combination is unobtainable given present resource prices and the current state of technology. 
D)No,this combination is unobtainable because production would be inefficient. 
E)Yes,and the firm is experiencing economies of scale.

-Refer to the Graph Above to Answer This Question