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What is the relationship between MC …

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What is the relationship between MC and AC?

Posted by Ankit Singh 6 years, 9 months ago

CBSE > Class 12 > Economics

2 answers

Lakshay Sharma 6 years, 9 months ago

Relationship of AC and MC :-

When AC is greater than MC, AC as well as MC falls.
When AC is equals to MC, AC remain constant.
When AC is smaller than MC, AC as well as MC rises.

0Thank You

Arinan Aggarwal 6 years, 9 months ago

Both are u shaped bcoz of Law Of Variable Proportion.

Both depends upon TVC.

Initially both falls.

MC cuts AC at AC's minimum point.

After cutting both increases, but change in MC is more than AC.

0Thank You

ANSWER

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