Which condition is correct?
(a) AC can rise when MC is falling
(b) AC can rise when MC is rising
(c) AC can fall when MC is rising
(d) None of these
Dear Student
Option (C) is correct
AC falls when MC is rising as long as MC intersect AC after intersecting AC curve MC and AC both start rising MC rises at the faster rate than AC.
Regards
Option (C) is correct
AC falls when MC is rising as long as MC intersect AC after intersecting AC curve MC and AC both start rising MC rises at the faster rate than AC.
Regards