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14-04-2020
Business

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Every point on the long-run average cost curve is
A. on a short-run average total cost curve.
B. on a short-run average variable cost curve.
C. on a short-run marginal cost curve.
D. also a minimum point on a short-run average cost curve.

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addymmcmillan addymmcmillan

14-04-2020

Answer:some info that helps

Explanation:A U-shaped short-run Average Cost (AC) curve. AVC is the Average Variable Cost, AFC the Average Fixed Cost, and MC the marginal cost curve crossing the minimum of both the Average Variable Cost curve and the Average Cost curve.

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