Question

At the lowest point of ac curve

Answer 1

I think b option

thanks for my answer

Answer 2

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At the lowest point of ac curve?

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• The point of intersection between the MC and AC curves is also the minimum of the AC curve.
• This can be explained by the fact that when the cost of the marginal output is equal to the average cost of the output,
• then the AC neither falls nor rises.
• Answered by Diveena N.

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