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What Is The Relationship Between Average Total Cost And Marginal Cost?

April 26, 2017average COST Marginal relationship total

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What Is The Relationship Between Average Total Cost And Marginal Cost?

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-when ac is falling,the Marginal Cost is lower than the ac.in this case the Marginal Cost curve is below the ac Marginal Costcurve.Marginal Costis above ac curve -when it comes to falling the Marginal Cost curve falls Marginal Cost comes to rising the Marginal Cost curve rises Marginal Cost rapidly than the ac curve. -when ac is minimum Marginal Cost curve cuts the ac curve from the below at the lowest point.