Question

AC will rise only when SMC rises ? True oe False​

Answer 1

Answer:

Yes, AC can fall, when MC is rising. ... It means that as long as MC curve is below the AC curve, AC will fall even if MC is rising. As per Table 6.8, when we move from 2 units to 3 units, MC rises and AC falls. It happens because during this range, MC is less than AC.