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Business and Economics - General Knowledge Questions
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
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