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

Question

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.

mohamed badawy · Answer

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

Khaled Anwar · Answer

The answer is : Option ( C )

Wasi Rahman Sheikh · Answer

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

Bello Abubakar · Answer

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

Deleted user · Answer

C

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Thanks

khaled elkholy · Answer

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

Ismael Hamad · Answer

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

Emad Mohammed said abdalla · Answer

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.

Mohammed Fathe Shaheem · Answer

C....................................................

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

My answer is also option (C)