Question

Which of the following statements is incorrect? 1 point a) Minimum point of AC is right of the minimum point of AVC b) When AVC declines MC is below AVC c) As output decreases the difference between AC and AVC declines d) MC curve passes through the minimum point of AVC​

Answer 1

Answer:

Which of the following statements is incorrect? 1 point a) Minimum point of AC is right of the minimum point of AVC b) When AVC declines MC is below AVC c) As output decreases the difference between AC and AVC declines d) MC curve passes through the minimum point of AVC

Answer 2

Answer:

when AVC declines MC is below AVC

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