Economics 9708 · AS & A Level · 7.5

7.5 — practice question

The table presents the short-run marginal cost of producing good X. If total fixed cost is $20, which output level gives the lowest average total cost?

  • A2 units
  • B3 units
  • C4 units
  • D5 units

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI