Economy, asked by jackiechan7153, 1 year ago

What is the relationship between AC and MC?

Answers

Answered by anvikshanegielsa

in which categories are they?

Answered by BLUEDRAGON

The relationship between AVC and MC curves is similar to that of AC and MC. i. Both AVC and MC are derived from total variable cost (TVC). AVC refers to TVC per unit of output and MC is the addition to TVC, when one more unit of output is produced.

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