The marginal cost curve intersects the total variable cost curve at:
A) its lowest point.
B) its maximum.
C) its endpoint.
D) no point; the curves don't intersect.

Question

Quizplus · Accepted Answer

The marginal cost curve does not intersect the total variable cost curve. Marginal cost is the cost of producing one more unit, while total variable cost is the total of all variable costs for all units produced. They are different concepts and do not intersect.

The Marginal Cost Curve Intersects the Total Variable Cost Curve