5. All of the below relations are correct EXCEPT for: * O a. When MC is below AVC, AVC is falling. O b. When MC is above ATC, ATC is rising. O c. When AFC is falling, MC is rising. d. Rising MC intersects AVC at the minimum point of AVC.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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O Zoom
Sli
TVC
TC
AVC
MC
15
1.
23
12
12
3.
ల అ
Transcribed Image Text:Share O Zoom Sli TVC TC AVC MC 15 1. 23 12 12 3. ల అ
5. All of the below relations are correct
EXCEPT for: *
O a. When MC is below AVC, AVC is falling.
b. When MC is above ATC, ATC is rising.
O c. When AFC is falling, MC is rising.
d. Rising MC intersects AVC at the
minimum point of AVC.
Transcribed Image Text:5. All of the below relations are correct EXCEPT for: * O a. When MC is below AVC, AVC is falling. b. When MC is above ATC, ATC is rising. O c. When AFC is falling, MC is rising. d. Rising MC intersects AVC at the minimum point of AVC.
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