Economy, asked by bhageerath4512, 11 months ago

Explain the relationship between Average and Marginal Cost curves.

Answers

Answered by soha391
0
I dont know lol. Dhdj
Answered by puneet4257
0

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.

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