The SMC curve cuts the AVC curve ___

from below at the minimum point of AVC

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from below at the minimum point of SMC

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from above at the minimum point of AVC

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from above at the minimum point of SMC

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Solution

The correct option is A
from below at the minimum point of AVC

The SMC curve cuts the AVC curve from below at the minimum point of the AVC

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Why does the SMC curve cut the AVC curve at the minimum point of the AVC curve?

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