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At all levels of production higher than the point where the marginal cost curve crosses the average variable cost curve, average variable cost At all
At all levels of production higher than the point where the marginal cost curve crosses the average variable cost curve, average variable cost At all levels of production higher than the point where the marginal cost curve crosses the average variable cost curve, average variable cost rises. remains unaffected. falls. All of the above are possible depending on the shape of the marginal cost curve.
At all levels of production higher than the point where the marginal cost curve crosses the average variable cost curve, average variable cost
At all levels of production higher than the point where the marginal cost curve crosses the average variable cost curve, average variable cost
rises.
remains unaffected.
falls.
All of the above are possible depending on the shape of the marginal cost curve.
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