Economy, asked by apratapsingh674, 7 months ago

Explain the relationship between marginal cost and average cost with the help of cost schedule and diagram.

Answers

Answered by prettygirlzyri

Answer:

Relationship between Marginal Cost and Average Cost (With Diagram) ADVERTISEMENTS: ... When the average cost is falling, the marginal cost is less than the average cost and when average cost is rising, the marginal cost is higher than the average cost.

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