52.7k views
5 votes
Every point on the​ long-run average cost curve is

A. on a​ short-run average total cost curve.
B. on a​ short-run average variable cost curve.
C. on a​ short-run marginal cost curve.
D. also a minimum point on a​ short-run average cost curve.

1 Answer

3 votes

Answer:some info that helps

Step-by-step explanation:A U-shaped short-run Average Cost (AC) curve. AVC is the Average Variable Cost, AFC the Average Fixed Cost, and MC the marginal cost curve crossing the minimum of both the Average Variable Cost curve and the Average Cost curve.

User Woody Zenfell III
by
4.5k points