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Use the Following Figure to Answer the Question : Figure

Question 93

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Use the following figure to answer the question : Figure 9-3 : shows the marginal cost curve,average total cost curve,average variable cost curve,and marginal revenue curve for a firm for different levels of output. Use the following figure to answer the question : Figure 9-3 : shows the marginal cost curve,average total cost curve,average variable cost curve,and marginal revenue curve for a firm for different levels of output.   -Refer to Figure 9-3.At the output level OC,average fixed cost is equal to _____. A) ZM B) GZ C) GM D) MC
-Refer to Figure 9-3.At the output level OC,average fixed cost is equal to _____.


A) ZM
B) GZ
C) GM
D) MC

Correct Answer:

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