• We need your support!

    We are currently struggling to cover the operational costs of Xtremepapers, as a result we might have to shut this website down. Please donate if we have helped you and help make a difference in other students' lives!
    Click here to Donate Now (View Announcement)

ECONOMICS MCQ-Nov 2003 P3 q 10

D

dasani0708

Messages
20
Reaction score
0
Points
0
10 The schedule shows the short-run marginal cost of producing good X.
units of X 1 2 3 4 5 6
marginal cost ($) 40 30 26 34 50 90
Given that the total fixed cost is $30 what is the level of output that minimises average total cost?
A 2 units B 3 units C 4 units D 5 units



HOW TO GET THE ANSWER.
 
You must log in or register to reply here.
Top