Question

48. When
we know that the firms must be producing at the
minimum point of the average cost curve and so there will be productive efficiency.
(a) AC = AR
(b) MC = AC
(c) MC = MR
(d) AR= MR

choose correct options and explain how??​

Answer 1

Answer:

B)MC = AC

Explanation:

When MC = AC, we know that the firms must be producing at the minimum point of the average cost curve and so there will be productive efficiency.

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Answer 2

Answer:

answer is (b) MC = AC hey mate this is your answer