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Cost Of Production and Concept of Revenue — Economics STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsCost Of Production and Concept of Revenue1 Mark
MCQ
How does the average cost curve behave as production increases?
  • A
    Goes on decreasing positively
  • ✓
    Falls, remains constant and then rises
  • C
    Rises, remains constant and then falls
  • D
    Remains parallel to $X-$axis and then falls
✓

Answer

Correct option: B.
Falls, remains constant and then rises

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