Marginal cost intersects average total cost and average variable cost

at a point depending on profit maximizing quantity.

not enough information to answer.

when they are increasing.

at their lowest points.

Expert Solution

at their lowest points.

The MC is the cost of an additional unit produced so it is same as AVC and ATC when the two costs are at its minimum so it intersects the two curve at the lowest point.

Rahul Sunny answered 1 year ago

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