Why does the SMC curve cut the AVC, curve at the minimum point of the

1.	Why does the SMC curve cut the AVC, curve at the minimum point of the AVC curve ?
Answer» Solution :It happens because when AVC falls, SMC is less than AVC, When AVC starts rising,SMC is more than AVC. So, it is only when AVC is CONSTANT and at itsminimumpoint, that SMC is EQUAL to AVC. Therefore SMC CURVE cuts AVC curve at its MINIMUM point.

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