EduFarming
Your list · 0हिं

Type at least two letters. Press Esc to close.

↑↓ navigate↵ openTAB cycle filter

Cost Curves · Question 51 of 62

Question 51

MediumOriginal question

Read the two statements and choose the correct option.

I. AVC can be falling while MC is rising.

II. AC can be falling while AVC is rising.

Options for question 51

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. I is true: between MC's minimum and AVC's minimum, MC rises but is still below AVC.

  2. II is true: between AVC's minimum and AC's minimum, falling AFC still pulls AC down.

Concept
Overlapping movements of the curves
Typical time
70 s
Your time
—
The rule this testsThe shapes of the cost curves
Practise this chapter →

Ten questions from Cost Curves, at your own pace.

Practise this chapter →

Ten questions from Cost Curves, at your own pace.