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At which point does the marginal cost curve intersect the average variable cost curve and short run average total cost curve?
  • a)
    At equilibrium points 
  • b)
    At their lowest points 
  • c)
    At their optimum points 
  • d)
    They don’t intersect at all 
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
At which point does the marginal cost curve intersect the average vari...
't necessarily intersect at the same point.
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At which point does the marginal cost curve intersect the average variable cost curve and short run average total cost curve?a)At equilibrium pointsb)At their lowest pointsc)At their optimum pointsd)They don’t intersect at allCorrect answer is option 'B'. Can you explain this answer?
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