Question: 1.What is the relation between marginal cost and variable cost, and variable cost per unit when tvc/q is at its minimum point. 2. explain why

1.What is the relation between marginal cost and variable cost, and variable cost per unit when tvc/q is at its minimum point.

2. explain why marginal cost on a unit cost graph always intersect total cost per unit and variable cost per unit at their minimum points.

3 what does the difference between the tc/q and tvc/q curve represent.

4. explain why fixed cost has no influence at all on marginal cost

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