The Table Below Shows How Total Cost Varies with Output

question 85

Multiple Choice

The table below shows how total cost varies with output in a factory producing bicycles. Based on the table, the level of output (in thousands) at which average total cost is minimized is _____.Table 6-6

• A)1
• B)2
• C)3
• D)4

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Definitions:

Immigration

The action of coming to live permanently in a foreign country.

Mayor

The elected head of a city, town, or other municipality.

Capitalization

The practice of writing certain words or letters in uppercase for emphasis or to adhere to grammatical rules.

Superior

Someone or something that is higher in rank, status, or quality compared to others.