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Production and cost — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsProduction and cost1 Mark
Question
If the average cost is falling:
  1. Marginal cost is rising.
  2. Marginal cost is falling.
  3. Marginal cost is equal to average cost.
  4. It is impossible to tell if marginal cost is rising or falling.
✓

Answer

  1. It is impossible to tell if marginal cost is rising or falling.

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