Short run marginal costs, When Average cost is falling,

Short run marginal costs

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Reference no: EM1381260

What do these questions mean?
When Average cost is falling, marginal cost will be below average costs?
Marginal cost equals average cost when average cost is at a minimum?
when average cost is falling, marginal cost will be above average costs?
Are any of these queries correct?

Reference no: EM1381260

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