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JAMB Economics 2019 Paper
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© africaexams.com
Question : 58
Total: 80
If AC and MC are represented on a graph, the MC curve will cut the AC curve_______
at the maximum point on the AC curve
at the highest point on the AC curve
at the minimum point on the AC curve
at the peak
Validate
Solution:
MC cuts the AC curve at the minimum or lowest point at B, also MC is equal to AC at that point.
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