Why does the minimum point of the average-totalcost curve show the quantity at which the firm is

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Why does the minimum point of the average-totalcost curve show the quantity at which the firm is most efficiently supplying output in the short run?

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Economics

ISBN: 9781032046723

9th Edition

Authors: William Boyes, Michael Melvin

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Question Posted: Apr 23, 2024 08:41 AM

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Why does the minimum point of the average-totalcost curve show the quantity at which the firm is

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The minimum point of the average total cost ATC curve represents the quantity at which the firm is m...View the full answer

Economics

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