Where Is a Perfectly Competitive Firm's Break-Even Output Level

question 16

Multiple Choice

Where is a perfectly competitive firm's break-even output level?

• A) at the intersection of the marginal cost curve with the marginal revenue curve
• B) at the intersection of the total cost curve with the marginal revenue curve
• C) at the minimum point of the average total cost curve
• D) at the minimum point of the marginal cost curve
• E) at the minimum point of the average variable cost curve