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Rashmimehra123
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Asked: 2022-04-06T04:31:32+00:00 In:

Which of the following is correct?

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Poll Results

25%(i) ATC curve and AVC curve never intersect each other ( 2 voters )
12.5%(ii) ATC is lesser than AVCby the amount of AFC ( 1 voter )
62.5%(iii) MC curve cuts AVC at its minimum point ( 5 voters )
0%(iv) All of the above
Based On 8 Votes

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Can you check if you have an answer to this question? I took it for MCQ practice from NCERT solution for Economics for class 12. I can sense that all of the answers seem right.

class 12 economicsmacro economics class 12
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    1 Answer

    1. This Third option is correct one.

      (iii) MC curve cuts AVC at its minimum point

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