The graph shows a total cost function. Determine the level of production at which average cost is minimized.
A) 400 units
B) 800 units
C) 200 units
D) 0 units
E) 600 units

Question

The graph shows a total cost function. Determine the level of production at which average cost is minimized. ​ 
A) 400 units 
B) 800 units 
C) 200 units 
D) 0 units 
E) 600 units

Quizplus · Accepted Answer

The Answer of The graph shows a total cost function. Determine the level of production at which average cost is minimized. ​ 
A) 400 units 
B) 800 units 
C) 200 units 
D) 0 units 
E) 600 units

The Graph Shows a Total Cost Function