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Cost and Revenue Analysis — Economics STD 11 — Question

Tamilnadu BoardEnglish MediumSTD 11EconomicsCost and Revenue Analysis1 Mark
MCQ
Choose the incorrect statement
  • A
    When AC is falling, MC lies below AC.
  • B
    When AC becomes constant, MC also equal to it.
  • C
    When AC starts increasing, MC lies above the AC.
  • ✓
    MC never cuts AC curve.
✓

Answer

Correct option: D.
MC never cuts AC curve.
MC never cuts AC curve.

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