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Minhoe asked in Social ScienceEconomics · 5 years ago

Why is marginal cost at a minimum when marginal product is at a maximum?

2 Answers

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  • Anonymous
    5 years ago

    The cost function is C=f(Q), it depends on output. dC/dQ will reach the minimum when dQ/dL,dK has reached the maximum.

  • 5 years ago

    that's economy law

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