एक्सप्लेन द रिलेशनशिप बिटवीन एमसीए and avc ecomics
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यह एक गलत प्रश्व है क्योन्की मैं भी एक ग्रामत शास्त्री जी का लड़का हु
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Answer:
( MC ) marginal cost is the coast of producing an extra unit of output.
when MC is below AVC , MC pulls the average down.
( AVC ) average variable cost is the cost of of labor per unit of output produced.
when MC is above AVC , MC is pushing the average up .
therefore MC and AVC intersect at the lower AVC.
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