Solved

Bartech,Inc

Question 19

Multiple Choice

Bartech,Inc.is a firm operating in a competitive market.The manager of Bartech forecasts product price to be $28 in 2015.Bartech's average variable cost function is estimated to be Bartech,Inc.is a firm operating in a competitive market.The manager of Bartech forecasts product price to be $28 in 2015.Bartech's average variable cost function is estimated to be   Bartech expects to face fixed costs of $12,000 in 2015.At what level of output will Bartech's average variable cost reach its minimum value? A) 2,000 units B) 3,000 units C) 4,000 units D) 5,000 units E) 6,000 units Bartech expects to face fixed costs of $12,000 in 2015.At what level of output will Bartech's average variable cost reach its minimum value?


A) 2,000 units
B) 3,000 units
C) 4,000 units
D) 5,000 units
E) 6,000 units

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions