Re: JNU 2009 Doubts

Posted by Anjali on Apr 28, 2014; 11:19am
URL: http://discussion-forum.276.s1.nabble.com/JNU-2009-Doubts-tp7587266p7587979.html

The answers are weird ! :p
I suppose had it been p=12 , we would have marked option 3 as ans. but here its price >=12
I marked E . Not sure of the ans
In competitive firms , do we take average cost as increasing or decreasing ?