How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask linda_us Your Own Question
linda_us, Master's Degree
Category: Single Problem
Satisfied Customers: 7291
Experience:  A tutor for Business, Finance, Accounts and other related topics.
Type Your Single Problem Question Here...
linda_us is online now
A new question is answered every 9 seconds

The minimum point of the average variable cost curve is reached

Resolved Question:

The minimum point of the average variable cost curve is reached at the output level where:
A. marginal product is maximized.

B. neither marginal nor average products are maximized.

C. average product is maximized.

D. average and marginal products are maximized.
Submitted: 5 years ago.
Category: Single Problem
Expert:  linda_us replied 5 years ago.
Thanks for requesting me.

The answer is C. average product is maximized.


linda_us and other Single Problem Specialists are ready to help you

Related Single Problem Questions