CUET Preparation Today
__________ curve cuts the AVC curve from below at the minimum point of AVC. |
SMC SAC AVC AFC |
SMC |
The correct answer is Option 1: SMC As long as AVC is falling, SMC must be less than the AVC. As AVC rises, SMC must be greater than the AVC. So the SMC curve cuts the AVC curve from below at the minimum point of AVC.
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