Please wait...
1800-212-7858 (Toll Free)
9:00am - 8:00pm IST all days
For Business Enquiry


Thanks, You will receive a call shortly.
Customer Support

You are very important to us

For any content/service related issues please contact on this toll free number


Mon to Sat - 11 AM to 8 PM

How do the short run average cost, short run marginal cost and average variable cost curves look like?

Asked by Topperlearning User 25th April 2016, 1:04 PM
Answered by Expert

When AC falls, MC falls faster than AC. Then the MC remains below AC curve.

When AC rises, MC rises faster than AC. Then the MC curve is above AC curve.

As MC falls faster than AC, it reaches its lowest point earlier than AC. Then the MC starts increasing even when AC is declining.

MC curve both AC and AVC at their lowest points.



Answered by Expert 25th April 2016, 3:04 PM
Rate this answer
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

You have rated this answer /10

Your answer has been posted successfully!

Free related questions

Chat with us on WhatsApp