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The theory of the firm under perfect competition — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsThe theory of the firm under perfect competition1 Mark
MCQ
When $MC$ is equal to $MR$, while maximizing profit, then
  • ✓
    $MC$ must be rising.
  • B
    $MC$ must be falling.
  • C
    $MC$ must be constant.
  • D
    None of these.
✓

Answer

Correct option: A.
$MC$ must be rising.

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