Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:
MP is falling, AP can be rising. But when AP is falling, MP is falling. Is it true?
Options:
Totally true
Totally false
Partially true
Can’t say
Correct Answer:
Totally true
Explanation:
If we plot the curves of MP and AP on the same plot, we can very clearly see that when MP is falling, AP can be rising. But when AP is falling, MP is falling.