Average Output Variable Cost SEFER 10 12 14 16 20 Multiple Choice O $4 $5.00 4.00 O$9 $5 4.75 5.75 9.00 These are cost data for an apple farm selling in a purely competitive market. The farm will produce if the price is at least equal to what minimum value? Average Marginal Total Cost Cost $15.00 $3 13.00 4 11.50 9.00 12.00 6 9 14

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