Question

What does it mean when the marginal cost is similar to the average cost?

Answer 1

$\color{Black}{ \boxed{\bold{ \underline{Hii. Frd .Your .Answer}}}}$

$<b>$
The important conclusion is that marginal cost is not related to fixed costs. average cost is the cost of producing a certain amount of output divided by the costper unit or number of units which have been produced.