Question

3/3/10
The schedule shows the short-run marginal cost of producing good X.
units of X
1 2 3 4 5 6
40 | 30 26 | 34 | 50 | 90
marginal cost ($)
Given that the total fixed cost is $30 what is the level of output that minimises average
total cost?
A 2 units
B 3 units
4 units
D 5 units
​

Answer 1

Answer:

3/3/10

The schedule shows the short-run marginal cost of producing good X.

units of X

1 2 3 4 5 6

40 | 30 26 | 34 | 50 | 90

marginal cost ($)

Given that the total fixed cost is $30 what is the level of output that minimises average

total cost?

A 2 units

B 3 units

4 units

D 5 units