Refer to Table 9.1. The lowest output this firm would produce before shutting down is ________ unit(s) .

A) 1
B) 2
C) 3
D) 4

Question

Refer to Table 9.1. The lowest output this firm would produce before shutting down is ________ unit(s) .A)  1B)  2C)  3D)  4

Javier Jarquin · Accepted Answer

Final Answer : C, Explanation :  The firm's ATC is $31.67 at an output of 3 units. This is the lowest ATC the firm achieves, so it would not produce any output below this level.

Refer to Table 9.1. The lowest output this firm would produce before shutting down is ________ unit(s) .

A) 1
B) 2
C) 3
D) 4

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