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Figure Average Total Cost (S) ATOD ATCC ATCA ATCB M N Quantity of Automobiles per day Refer to the figure above. Diseconomies of scale will

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Figure Average Total Cost (S) ATOD ATCC ATCA ATCB M N Quantity of Automobiles per day Refer to the figure above. Diseconomies of scale will occur at which output levels? O a. output levels greater than N O b. output levels between M and N O c. output levels less than M O d. All of the above are correct as long as the firm is operating in the long run.The table shows the revenues and costs of a competitive firm: Quantity Total Revenue Total Cost SO $3 $8 $6 $16 $10 $24 $15 $32 $21 $40 $28 5 $48 $36 $56 $45 Refer to the table above. To maximize profits, the firm will produce up to O a. 7 units of output because total revenue is maximized at this quantity. O b. 5 units of output because marginal revenue equals marginal cost at this quantity. O c. 4 units of output because marginal revenue is greater than marginal cost at this quantity. O d.6 units of output because marginal revenue equals marginal cost at this quantity. O e. 1 unit of output because marginal cost is minimized at this quantity

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