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At any level of output where short run average cost curve is tangent to the long run average cost curve then we also have?

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At any level of output where short run average cost curve is tangent to the long run average cost curve then we also have? Answer: LMC = SMC

When a short-run average cost (SRAC) curve is tangent to the long-run average cost (LRAC) curve, long-run and short-run marginal costs are equal. This tangency point represents the level of output where the firm is using the optimal plant size for that output, meaning the minimum point of the SRAC curve is reached.

Question context

This question is part of 📚 General Knowledge within the broader 🌐 Current Affairs & GK subject and appears in the SPSC – Sindh Public Service Commission preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.