Multiple Choice
When average cost is "u-shaped" (neither always rising nor always falling) , the marginal cost curve will
A) cross through (intersect) the average cost curve at its maximum.
B) not intersect with the average cost curve at all.
C) be a fixed distance above the average cost curve.
D) cross through (intersect) the average cost curve at its minimum.
Correct Answer:

Verified
Correct Answer:
Verified
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