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Today General Knowledge(GK)
For the relationship between AC and MC, which of the following statement is wrong?
A)
If AC Falls, MC will rise
B)
If AC rises, MC also rises
C)
Both AC & MC are calculated from TC
D)
For the minimum point of AC, average cost is equal to marginal cost

Correct Answer : Option (A) - If AC Falls, MC will rise


Published On : May 22, 2021
Category : Business and Economics
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