Read the following case study carefully and answer the questions 1-2 on the basis of the same:
Cost is one of the major constraints of production. Cost ceases the degree of freedom of a person to choose enterprise and work on that. Cost also forces farmers or producers to work according to their cost bearing ability. Cost is not so simple and straightforward. It has multiple attributes, can be clearly seen or hidden, may be incurred in the short run or may appear in the long run. So the cost is very vast in itself and its effects are very serious. Hence to manage the problem of cost there should be proper knowledge on the cost, types, its attributes, its impact and ideas presented by different theories on cost.
—Upadhyaya, Navaraj \& Gaire, Amita \& Gyawali, Pushpa, A term paper of Microeconomics on Theory of Cost, Cost Addition and Cost Leadership Approach, Application of Production, and Marketing Cost in Agriculture, 2020
1. Does short period TC curve starts from Y-axis? Comment.
2. AC curve must eventually rise during the short period. Do you agree?