When is marginal cost equal to average total cost
A)when average variable cost is falling
B)when average fixed cost is rising
C)when marginal cost is at its minimum
D)when average total cost is at its minimum

Question

Quizplus · Accepted Answer

Marginal cost equals average total cost when average total cost is at its minimum point. This is because the marginal cost curve intersects the average total cost curve at its lowest point.

When Is Marginal Cost Equal to Average Total Cost