Question
Explain whether marginal cost can increase when average cost decreases.
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| X | 19 | 24 | 12 | 23 | 19 | 16 |
| Y | 9 | 22 | 20 | 14 | 22 | 18 |
| Output (Units) | 0 | 1 | 2 | 3 | 4 | 5 | 6 |
| Total Cost (₹) | 60 | 78 | 90 | 102 | 112 | 120 | 126 |
|
Income (in ₹)
|
Number of families
|
|
More than 75
|
150
|
|
More than 85
|
140
|
|
More than 95
|
115
|
|
More than 105
|
95
|
|
More than 115
|
70
|
|
More than 125
|
60
|
|
More than 135
|
40
|
|
More than 145
|
25
|
| Commodity | Price in 2014 (₹) Per Quintal | Price in 2015 (₹) Per Quintal |
| Wheat | 800 | 900 |
| Sugar | 1100 | 1200 |
| Rice | 400 | 600 |
| Potato | 500 | 700 |
| Salt | 300 | 500 |