Question: Cost per unit $10 986 7 6 5 4 3 2 1 0 1 2 2 3 123 4 5 6 7 8 9 10

Cost per unit $10 986 7 6 5 4 3 2 1 0 1 2 2 3 123 4 5 6 7 8 9 10 Quantity (in 1,000s) In the above figure, the line represented by "1" is O a. marginal cost. O b. average fixed cost. c. marginal revenue. d. average total cost. 4

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