Class XII

When AC equals MC which of them is at its minimum
  1. MC
  2. None
  3. Both
  4. AC
Can the AC be less than the MC when AC is rising
  1. No
  2. Can’t say
  3. Yes
  4. None of these
Can TR be a horizontal Straight line?
  1. May be
  2. No
  3. May not be always
  4. Yes
What happens to TR when MR is increasing
  1. Increases at increasing rate
  2. Decreases at increasing rate
  3. Decreases at decreasing rate
  4. Increases at decreasing rate
Can the AC be equal to MC when AC is rising
  1. Can’t say
  2. No
  3. None of these
  4. Yes
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