Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.
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 hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.