Re: JNU ECOM 2011 QUES 47-56
Posted by Arushi :)) on Mar 24, 2014; 5:02pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-ECOM-2011-QUES-47-56-tp7585392p7585441.html
yes , because we just know that we are on upward sloping portion of MC curve.
We don't have any knowledge about min point of AC curve . And thus we can't say anything about Average costs.