If a firm has a U-shaped average cost curve, why must its marginal cost curve intersect the average cost curve at the mi

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answerhappygod
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If a firm has a U-shaped average cost curve, why must its marginal cost curve intersect the average cost curve at the mi

Post by answerhappygod »

If a firm has a U-shaped average cost curve, why must its
marginal cost curve intersect the average cost curve at the minimum
of the average cost curve?
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