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Economics 12 Notes for Economics Notes

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Relationship between MC and AC

Relationship between MC and AC:

  • MC always cuts the minimum point of production.
  • Before point A, AC is greater than MC.
  • At point A, AC is equal to MC.
  • After point A, MC is greater than AC.
  • The shape of AC and MC is similar to each other.

Relationship between MC and AC

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