If the marginal cost of the 10th unit of output is $15 and the average total cost of the 10th unit of output is $15,

A. average total cost is minimized at 10 units of output.
B. average total cost is decreasing at 10 units of output.
C. average total cost is increasing at 10 units of output.
D. average total cost is maximized at 10 units of output.


Answer: A

Economics

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