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Unformatted text preview: total cost (ATC). The ATC is at its minimum of $42.50 when the output is 4 units. Therefore, the needed by the firm to break-even is $42.50 (at 4 units of output). ATC MC $80.00 $30.00 $50.00 $20.00 $43.33 $30.00 $42.50 $40.00 $44.00 $50.00 ual to the average e minimum price...
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This note was uploaded on 08/04/2011 for the course ECN 601 taught by Professor Professor during the Spring '10 term at Grand Canyon.
- Spring '10