Why do marginal cost curves intersect both the average variable cost curve and the average cost curve

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Why do marginal cost curves intersect both the average variable cost curve and the average cost curve at their lowest point?

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Economics

ISBN: 978-0273721307

7th edition

Authors: John Sloman, Alison Wride

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Question Posted: Nov 18, 2013 09:33 AM

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Why do marginal cost curves intersect both the average variable cost curve and the average cost curve

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In different production process the marginal productio...View the full answer

Economics

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