The level of output where a straight line drawn from the origin is tangent to the total cost curve is where?

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Emad Mohammed said abdalla
14-May-2015

a. total cost is at a minimum.

b. average cost is equal to marginal cost.

c. profit is at a maximum.

d. all of the above are correct.

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/05/14

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12 Answers

by Deleted user

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Thanks

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by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

b. >>>>>>>>>>>>>>>>>>>>>> average cost is equal to marginal cost.

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by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Answer will b >>>>>>>>>>>>>>

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by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

The level of output where a straight line drawn from the origin is tangent to the total cost curve is where The correct answer was: b. average cost is equal to marginal cost.. average cost is equal to marginal cost.

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by khaled elkholy , HR MANAGER , misk for import & export

b. average cost is equal to marginal cost. Is correct........ ...................

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by Abdul Islam

i hope B will be right......as options A & C are diverting the scenario. because the tangent is drawn on that point where these two values meet and form some relationship.other wise tangent from origin to these values will not be possible.....

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