At any level of output where short run average cost curve is tangent to the long run average cost curve then we also have?
At any level of output where short run average cost curve is tangent to the long run average cost curve then we also have?
آؤٹ پٹ کی کسی بھی سطح پر جہاں شارٹ رن اوسط لاگت کا وکر طویل مدتی اوسط لاگت وکر سے مماس ہے تو ہمارے پاس بھی ہے؟
Explanation
At any level of output where the short-run average cost curve is tangent to the long-run average cost curve, the long-run marginal cost (LMC) is equal to the short-run marginal cost (SMC).