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Required information Costs 80 120 160 180 200 ATC MC AVC Refer to the graph above to answer this question. At what output does excess capacity exists?

Required information Costs 80 120 160 180 200 ATC MC AVC Refer to the graph above to answer this question. At what output does excess capacity exists?

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Required information Skip to question An image shows the curves of MC, ATC, and AVC.Image shows the bar graph which represents the cost data but in their the curves are also shown in the terms of MC, ATC , AVC. At x-axis shows the Quantity and at y-axis shows the Costs. Refer to the graph above to answer this question. At what output does excess capacity exists? Multiple Choice 180. 200. Any output above 180. Any output below 180.Required information Refer to the graph above to answer this question. At what output does excess capacity exists?

GIve me correct answer with calculation adn full explanation oterwise i give multiple downvote

 

Required information Costs 80 120 160 180 200 ATC MC AVC Refer to the graph above to answer this question. At what output does excess capacity exists?
Transcribed Image Text:Required information Costs 80 120 160 180 200 ATC MC AVC Refer to the graph above to answer this question. At what output does excess capacity exists?
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