The Figure Given Below Shows Cost Curves of a Firm

question 10

Multiple Choice

The figure given below shows cost curves of a firm. Figure: 7.2
- In the figure,
|: Marginal cost curve
||: Average total cost curve
|||: Average variable cost curve
Refer to Figure 7.2.At an output level of H,average total cost is:

• A)0E.
• B)BE.
• C)area 0EMH.
• D)0B.
• E)area 0BNH.

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