Economy, asked by arshdeepk2607, 4 months ago

Explain the relationship between average cost and marginal cost. 5 marks question
Class 11​

Answers

Answered by uahajindal2506
0

Answer:

When the average cost increases, the marginal cost is greater than the average cost. When the average cost stays the same (is at a minimum or maximum), the marginal cost equals the average cost.

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