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When the marginal cost of producing an output exceeds its average variable cost but is less than its average total cost, _______

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.

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