CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 8 CONCEPTS OF COST1 Mark
Question
MC and AC are equal when AC tends to stabilise.
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Answer
True. MC and AC are equal when AC tends to stabilise or when AC is constant, AC = MC. See AC and MC corresponding to point E in the diagram where AC = MC.
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