Question

Explain the relationship between Average and Marginal Cost curves.

Answer 1

I dont know lol. Dhdj

Answer 2

Explanation:

Relationship Between Average and Marginal Cost

The curves show how each cost changes with an increase in product price and quantity produced. When the average cost declines, the marginal cost is less than the average cost. When the average cost increases, the marginal cost is greater than the average cost.