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Lostsunrise [7]
2 years ago
7

The monopolist's level of output is not at the minimum point of ______, meaning it will not be productively efficient.

Business
1 answer:
Llana [10]2 years ago
3 0

When a monopolist's level of output is not at the minimum point of <u>average total cost</u>, this means it will not be productively efficient.

<h3>What is an average total cost?</h3>

An average total cost refers to a cost derived from total fixed and variable costs divided by total units produced.

In conclusion, this cost is used to evaluate how the total per-unit cost change as a result of output

Read more about average total cost

<em>brainly.com/question/25109150</em>

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