Figure 12-5 -Refer to Figure 12-5.Curve D Intersects Curve C

question 469

Multiple Choice

Figure 12-5
-Refer to Figure 12-5.Curve D intersects curve C

• A) where the firm maximizes profit.
• B) at the minimum of average fixed cost.
• C) at the efficient scale.
• D) where fixed costs equal variable costs.

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