15. mention the relationships between marginal cost and average cost.
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Heya user ! here ur answer.
-When AC falls,MC is lower than AC
AC>MC.
-When AC rises, MC is greater than AC.
AC<MC.
-When AC. does not change,MC is equal to AC.
AC=MC.
-When AC falls,MC is lower than AC
AC>MC.
-When AC rises, MC is greater than AC.
AC<MC.
-When AC. does not change,MC is equal to AC.
AC=MC.
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