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    Managerial Economics Study Set 4
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    Exam 7: The Theory and Estimation of Cost Appendices 7A,7B,and 7C
  5. Question
    The Marginal Cost Will Intersect the Average Variable Cost Curve
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The Marginal Cost Will Intersect the Average Variable Cost Curve

Question 1

Question 1

Multiple Choice

The marginal cost will intersect the average variable cost curve


A) when the average variable cost curve is rising.
B) where average variable cost curve equals price.
C) at the minimum point of the average variable cost curve.
D) The two will never intersect.

Correct Answer:

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