Re: JNU MA Economics Past Year Paper- 2011 Doubts

Posted by duck on May 09, 2013; 2:23am
URL: http://discussion-forum.276.s1.nabble.com/JNU-MA-Economics-Past-Year-Paper-2011-Doubts-tp7580450p7580524.html

Its because we're given that MC is rising. Now, when MC is rising, AC can fall or increase.
Plot AC and MC curve for a better understaning.