explain whether marginalcost can increase when average cost decrease
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Relationship between Average Cost and Marginal Cost
If the average cost falls due to an increase in the output, the marginal cost is less than the average cost. If the average cost rises due to an increase in the output, the marginal cost is more than the average cost.
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If the average cost falls due to an increase in the output, the marginal cost is less than the average cost. If the average cost rises due to an increase in the output, the marginal cost is more than the average cost.
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