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

 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
Deleted user
by Deleted user

 

B

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Thanks

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

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

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , Warehouse Supervisor , AL MUTLAQ FURNITURE MFG

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

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

  1. 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. 

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

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

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.....

Bello Abubakar
by Bello Abubakar , Cinema 4D Render/Sketch UP, AutoCAD, ArchiCAD and Revit Specialist , Federal Housing Authority

B................................................

mohamed badawy
by mohamed badawy , Head Of Operations , Almajdoui Logistics Company

I CHOOSE NUMBER B ........................................................

Mohammed Fathe  Shaheem
by Mohammed Fathe Shaheem , Operation Executive , Arabian Construction Company

B....................................................

Khaled Anwar
by Khaled Anwar , Senior Sales Engineer , "Automotive company''

The answer is : Option ( B )

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