Cost dolars per repaired phone MC ATC VC 20 18 15 1012 Outpu

Cost (dolars per repaired phone) MC ATC VC 20 18 15 1012 Output (phones repaired) The figure shows the cost curves for Phil\'s Phone Repair, a cell phone repair firm. When output isrepaired phones, average total cost is_ ?A) less than 5; increasing MacBook Air F1o F8 F5 F6

Solution

We can see that the average total cost initially decreases to a minimal and then keeps on increasing or upto 12 units of output it keeps on decreasing and later it starts increasing all in all.

Therefore (C) is the answer

 Cost (dolars per repaired phone) MC ATC VC 20 18 15 1012 Output (phones repaired) The figure shows the cost curves for Phil\'s Phone Repair, a cell phone repai

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site