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Refer to the Table Shown A) 3
B) 4
C) 5
D) 6

Question 138

Multiple Choice

Refer to the table shown. Marginal cost is minimized when how many units of output are produced?  Units of output  Total cost 05111216320423525626\begin{array}{|c|c|}\hline \text { Units of output } & \text { Total cost } \\\hline 0 & 5 \\\hline 1 & 11 \\\hline 2 & 16 \\\hline 3 & 20 \\\hline 4 & 23 \\\hline 5 & 25 \\\hline 6 & 26 \\\hline\end{array}


A) 3
B) 4
C) 5
D) 6

Correct Answer:

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