Home » Economics » For a firm to break even in the long run, the marginal cost curve must…

For a firm to break even in the long run, the marginal cost curve must…

For a firm to break even in the long run, the marginal cost curve must cut the
  • A.
    average variable cost curve at its higest point
  • B.
    average cost cure at its lowest point
  • C.
    average cost curve at its lowest point
  • D.
    total cost cure at its lowest point
Correct Answer: Option C
Explanation