➤ How can I determine the MC = AVC point graphically or mathematically?
Graphically, find where the MC curve crosses the AVC curve from below at its lowest point. Mathematically, AVC = VC/Q and MC = dVC/dQ; set d(AVC)/dQ = 0, which yields MC = AVC at that quantity. For discrete data use ΔVC/ΔQ ≈ AVC at that Q.
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