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» SOLUTION :SMC curve cuts the SAC curve at its minimum point. It happens becausewhen SAC FALLS, 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 EUQAL to SAC.

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