Which of the Following Is True at the Output Level

question 148

Multiple Choice

Which of the following is true at the output level where average total cost is at its minimum?

• A)Marginal cost equals average total cost.
• B)Average variable cost equals fixed cost.
• C)Marginal cost equals average variable cost.
• D)Average total cost equals average fixed cost.

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A structured system of learning and teaching that usually takes place in formal institutions like schools and universities.

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The belief or theory that disease is spread by close contact, either directly or by means of a carrier.