The Figure Given Below Shows Cost Curves of a Firm

question 44

Multiple Choice

The figure given below shows cost curves of a firm.Figure: 8.2
In the figure,
|: Marginal cost curve
||: Average total cost curve
|||: Average variable cost curve
-Refer to Figure 8.2. 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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