Marginal cost curve always cuts the average cost curve
A. From below on the rising portion of the AC curve
B. From below on the falling portion of the AC curve
C. From below at the minimum point of the AC curve
D. From below at any point on the AC curve
Answer: Option C
This Question Belongs to Management >> Managerial Economics
Related Questions on Managerial Economics
The emphasis of managerial economics is on
A. Bonus theory
B. Normative theory
C. System theory
D. Accounting theory
Which is not the subject of Managerial Economics?
A. Accounting Theory
B. Pricing Decision, Policies and Practices
C. Capital Management
D. Profit Management
Which is not covered under the scope of managerial economics?
A. Profit management
B. Accounting theory
C. Pricing policies
D. Production analysis
Join The Discussion