At 150,000 Units of Output, a Firm's Marginal Cost Is

question 212

Multiple Choice

At 150,000 units of output, a firm's marginal cost is $0.87 and its average total cost is $0.48.We can conclude that at this quantity of output the firm's average total cost curve is:

• A) upward-sloping.
• B) downward-sloping.
• C) vertical.
• D) horizontal.

---

Definitions:

Non-Native American

A term used to describe individuals who are not of Native American heritage.

Native Americans

Indigenous peoples of the Americas, whose ancestors have lived on the continent since long before European explorers and settlers arrived.

U.S. Citizens

Individuals who are legally recognized as members of the United States of America, either by birth or naturalization.

Digital Citizenship

The responsible use of technology by anyone who uses computers, the Internet, and digital devices to engage with society on any level.