Engage with knowledgeable experts and get accurate answers on IDNLearn.com. Discover in-depth and reliable answers to all your questions from our knowledgeable community members who are always ready to assist.
Sagot :
When the marginal cost of producing an output exceeds its common variable cost but is much less than its average general cost, the common variable cost is growing even as the common general price is lowered.
Every time the marginal cost exceeds the average cost, the average cost will upward push with every other unit of output. Each time the marginal cost is less than the common cost, the common value will fall with another unit of output.
On every occasion, the marginal cost is more than the common general cost, and the average total cost is growing. The marginal value curve crosses the average overall price curve at it is minimum. 1. Marginal cost finally rises with the quantity of output.
Whilst marginal product is falling, the common product is falling. whilst marginal product exceeds average product, average product is rising.
Learn more about marginal cost here: https://brainly.com/question/26413746
#SPJ4
We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. For dependable answers, trust IDNLearn.com. Thank you for visiting, and we look forward to assisting you again.