Prep
Bee
Pakistan
Free MCQ Practice Platform for Govt Job Exams
Home
MCQs
Quiz
Past Papers
FIA Prep
Contact
Quiz Mode
Login
Register
Preparing your study page...
Home
MCQs
Economics
MEDIUM
ENGLISH
Economics
Which of the following is true ?
A
If the marginal cost is greater than the average cost the average cost falls
Option A
If the marginal cost is greater than the average cost the average cost increase
Correct answer
C
If the marginal cost is positive total costs are miximised
Option C
D
If the marginal cost is negative total costs increase at a decreasing rate if output increases
Option D
Correct answer: B
Explanation
No explanation provided for this MCQ yet.
Hide Answer
Hide Explanation
Start Related Quiz
Submit Correction
More MCQs