At why point does the SMCcurve cut the SAC curve ? Give reason in supp

1.	At why point does the SMCcurve cut the SAC curve ? Give reason in support of youranswer.
Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :SMC curve cuts the <a href="https://interviewquestions.tuteehub.com/tag/sac-1193010" style="font-weight:bold;" target="_blank" title="Click to know more about SAC">SAC</a> curve at its minimum point. It happens becausewhen SAC <a href="https://interviewquestions.tuteehub.com/tag/falls-983294" style="font-weight:bold;" target="_blank" title="Click to know more about FALLS">FALLS</a>, SMCis less than SAC. When SAC starts rising, SMCis more than SAC. So, it is only when SAC is constant and at its minimum point, that SMC is <a href="https://interviewquestions.tuteehub.com/tag/euqal-8408481" style="font-weight:bold;" target="_blank" title="Click to know more about EUQAL">EUQAL</a> to SAC.</body></html>

At why point does the SMCcurve cut the SAC curve ? Give reason in support of youranswer.