Figure 9-1 Figure 9-1 Shows the Marginal and Average Total Cost Curves

Multiple Choice

Figure 9-1
Figure 9-1 shows the marginal and average total cost curves for a firm producing product A. What would be the minimum price this firm could charge and still continue to supply A to the market in the long run?

A) $4
B) $5
C) $6
D) $8