At an Output of 15,AVC Is $20 and MC Is

question 16

Multiple Choice

At an output of 15,AVC is $20 and MC is $18.At an output of 16,AVC is $20 and MC is $22.We may conclude that at the shutdown point AVC is

• A)greater than $21.
• B)greater than $20.
• C)less than $20.
• D)less than $18.

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