figure 13-17\nprice and cost per unit\nmc\natc\ndemand\nmr\n0\nqf\nqg\nqh\nqj\nquantity\nrefer to figure…

figure 13-17\nprice and cost per unit\nmc\natc\ndemand\nmr\n0\nqf\nqg\nqh\nqj\nquantity\nrefer to figure 13-17. what is the productively efficient output for the firm represented in the diagram?\nqg units\nqh units\nqj units\nqf units

figure 13-17\nprice and cost per unit\nmc\natc\ndemand\nmr\n0\nqf\nqg\nqh\nqj\nquantity\nrefer to figure 13-17. what is the productively efficient output for the firm represented in the diagram?\nqg units\nqh units\nqj units\nqf units

Answer

Brief Explanations:

Productive efficiency occurs at the lowest - point of the average total cost (ATC) curve. In the given diagram, the output level where ATC is minimized is at the quantity corresponding to the lowest point of the ATC curve. This is the quantity where the firm is producing at the lowest cost per unit.

Answer:

Q<sub>h</sub> units