Author Question: Which of the following is true in the short run? a. MC = ATC at the lowest point of ATC. b. MC = ... (Read 50 times)

Charlie · **on:** Jun 30, 2018

Which of the following is true in the short run?
a. MC = ATC at the lowest point of ATC.
b. MC = AVC at the lowest point of AVC.
c. When AVC is at its minimum point, ATC is falling.
d. All of the above are true.

Question 2

Index mutual funds purchase shares of stock in those companies which are included in the market based indexes.
a. True
b. False
Indicate whether the statement is true or false