Both marginal and average costs are equal to each other when, ________. A . average cost is

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Both marginal and average costs are equal to each other when, ________.

A. average cost is minimum

B. marginal cost is minimum

C. both marginal and average costs are minimum

D. none of the above

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Posted Date: Jan 31, 2023 05:55 AM

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Both marginal and average costs are equal to each other when, ________. A . average cost is

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