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    Exam 7: Costs
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    At What Output Level,q,is Average Cost Minimized If the Short-Run
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At What Output Level,q,is Average Cost Minimized If the Short-Run

Question 16

Question 16

Multiple Choice

At what output level,q,is average cost minimized if the short-run costs for a company are C = 40 + 4q + q2?


A) q = 2 At what output level,q,is average cost minimized if the short-run costs for a company are C = 40 + 4q + q<sup>2</sup>? A)  q = 2   B)  q = 0 C)  q = 40 D)  q = 2
B) q = 0
C) q = 40
D) q = 2

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