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In the short run, the marginal cost curve crosses the average total cost curve at:

a. a point just below the average fixed cost curve.

b. the minimum point of the average total cost curve.

c. the maximum point of the average total cost curve.

d. the point where the average total cost curve and average variable cost curve intersect.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91373282

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