Figure: Short-Run Costs II (Figure: Short-Run Costs II) Look

Multiple Choice

Figure: Short-Run Costs II (Figure: Short-Run Costs II) Look at the figure Short-Run Costs II.Curve 1 crosses the average total cost curve at:

A) the minimum value of curve 2.
B) approximately 4.3 units of output.
C) approximately 2.8 units of output.
D) point A