Economy, asked by pawan4782925, 5 months ago

when is MC equal to AC​

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Answered by abhisheksbcr7ouxp61
0

When MC is equal to AC, i.e. when MC and AC curves intersect each other at point A, AC is constant and at its minimum point. 3. When MC is more than AC, AC rises with increase in output, i.e. from 5 units of output.

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