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Ryanteck Ryanteck
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7 years ago
A firm is producing output less than the output associated with the minimum point on the firm's short run average variable cost curve. At this level of output the firm uses its fixed capital input ________ and its variable labor input ________.
A) at the lowest average cost; at a level higher than the lowest average cost
B) at the lowest average cost; at the lowest average cost
C) at a level higher than the lowest average cost; at a level higher than the lowest average cost
D) at a level higher than the lowest average cost; at the lowest average cost
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DeToXiFYDeToXiFY
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7 years ago
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Ryanteck Author
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7 years ago
Thanks for your help!!
kobbhy
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Yesterday
Correct Slight Smile TY
54321abs
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2 hours ago
Thank you, thank you, thank you!
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