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MMLU-Pro / 7501 / Marginal cost always intersects average variable cost at

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Marginal cost always intersects average variable cost at

category

economics

options

  1. the minimum of average total cost
  2. the point where average variable cost is equal to marginal cost
  3. the profit-maximizing quantity
  4. the maximum of average variable cost
  5. the point of equilibrium between supply and demand
  6. the point where marginal cost equals average total cost
  7. the minimum of average variable cost
  8. the point where average variable cost is less than marginal cost
  9. the minimum of marginal cost
  10. the maximum of marginal cost

src

ori_mmlu-high_school_microeconomics

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Source and history

Official source

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