In the above figure,what is the AVERAGE total cost of producing 10 units of output?

Name: In the above figure,what is the AVERAGE total cost of producing 10 units of output?
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Question

Quizplus · Accepted Answer

To find the average total cost of producing 10 units of output, we need to look at the point where the ATC curve intersects the vertical line for 10 units of output. This point is at $12. Therefore, the average total cost of producing 10 units of output is $12. Option C is the correct answer.

In the Above Figure,what Is the AVERAGE Total Cost of Producing