If both average cost (AC) and marginal cost (MC) are U shaped, then?

a. AC will reach a minimum at a level of output that is less than that at which MC reaches a minimum.

b. the total cost curve will be a straight line.

c. AC will reach a minimum at a level of output that is greater than that at which MC reaches a minimum.

d. both AC and MC will reach a minimum at the same level of output.

Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/05/14

Upvote (1) Views (16) Followers (11) Answers (10) Report Question

by mohamed badawy , Head Of Operations , Almajdoui Logistics Company

I CHOOSE NUMBER1 .......................................................................................

by Khaled Anwar , Senior Sales Engineer , "Automotive company''

The answer is : Option ( C )

by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Answer will be option C<<<<<<<<<<<<<<<<<<<<<<<<<<<

by Bello Abubakar , Cinema 4D Render/Sketch UP, AutoCAD, ArchiCAD and Revit Specialist , Federal Housing Authority

It could be option C....................................................

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Thanks

by khaled elkholy , HR MANAGER , misk for import & export

c. AC will reach a minimum at a level of output that is greater than that at which MC reaches a minimum. Right

by Ismael Hamad , Trainer , ANTONOIL DMCC , Lukoil project, WQ2

I thank option C right answer ...........

by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

If both average cost (AC) and marginal cost (MC) are U shaped, then The correct answer was: c. AC will reach a minimum at a level of output that is greater than that at which MC reaches a minimum.. AC will reach a minimum at a level of output that is greater than that at which MC reaches a minimum.