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| 1. |
Give the relationship between AVC and MC. |
| Answer» <html><body><p></p>Solution :(i) When MC <a href="https://interviewquestions.tuteehub.com/tag/lt-537906" style="font-weight:bold;" target="_blank" title="Click to know more about LT">LT</a> AVC, AVC <a href="https://interviewquestions.tuteehub.com/tag/falls-983294" style="font-weight:bold;" target="_blank" title="Click to know more about FALLS">FALLS</a>. <br/> (ii) When MC = AVC, AVC is at its minimum point. <br/> (<a href="https://interviewquestions.tuteehub.com/tag/iii-497983" style="font-weight:bold;" target="_blank" title="Click to know more about III">III</a>) When MC gt AVC, AVC rises. <br/> (iv) MC increases at a faster rate as <a href="https://interviewquestions.tuteehub.com/tag/compared-7256615" style="font-weight:bold;" target="_blank" title="Click to know more about COMPARED">COMPARED</a> to AVC.</body></html> | |