In Figure 1, at which output is the firm operating most efficiently? a) 30 b) 39
Question:
In Figure 1, at which output is the firm operating most efficiently?
a) 30
b) 39
c) 46
d) 50
Transcribed Image Text:
Price ($) 220 200 180 160 140 120 100 80 60 40 20 Figure 1 10 20 MC ATC AVC D, MR 30 40 50 60 70 80 90 100 Output
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