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Business, 25.04.2020 04:21 mainsc0324

Working with Numbers
When the marginal cost curve is below the average total cost curve, the average total cost must be .
When the marginal cost curve is above the average total cost curve, the average total cost must be .
Therefore, the marginal cost curve intersects the average total cost curve .

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Working with Numbers
When the marginal cost curve is below the average total cost curve, the...
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