Solved

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

Question 42

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 } \\\hline0 & 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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions