mideonsembrace6205 mideonsembrace6205
  • 07-02-2024
  • Business
contestada

Consider the following information regarding your firm's output and total costs (ignore any cell with ---- in it):
Output (Q). Total Costs. Marginal Cost

1.500 -----
2.600
3.700
4.800
5.900
6.1000
7.1100
What is the level of output where Marginal Cost is minimized?
a) 16
b) 34
c) 52
d) 58

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