Costs , Supply & Perfect Competition Mcqs


Q.  When average cost is falling marginal cost is ________ and when average cost is rising marginal cost is?

a. greater than average cost, greater than average cost
b. less than average cost, greater than average cost
c. less than average cost, less than average cost
d. greater than average cost, less than average cost


ANSWER: See Answer
 
No explanation is available for this question!
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