Multiple Choice
Use the figure to answer the following question(s) .
Figure 9-6
The average total cost ( ATC ) and marginal costs ( MC ) of a firm producing in a price-taker industry are depicted in Figure 9-6. If the current market price of the firm's product is $15, what output should this firm produce?
A) 10
B) 15
C) 20
D) 25
Correct Answer:

Verified
Correct Answer:
Verified
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