Ethanpaul7581 Ethanpaul7581

28-10-2019
Business

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If the marginal cost curve is below the average variable cost curve, it means that

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fernandoalonsoc fernandoalonsoc

11-11-2019

Answer:

The production is below its maximum capacity as the Marginal Cost Curve has not intersect the Average Variable Cost curve yet. (See image 1)

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