In terms of the general relations among total cost, average cost and marginal cost, which of the following statements is/are FALSE? (A) When the total cost is rising, the marginal cost is also rising (B) When the marginal cost is rising, average cost is also rising (C) When the total cost is rising, the marginal cost is positive (D) When the marginal cost remains unchanged, the average cost also remains unchanged

GATE 2026 Question 53: Costs of production

In terms of the general relations among total cost, average cost and marginal cost, which of the following statements is/are FALSE?

Select all that apply.

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Costs of production has come up 83 times in 7 exams since 2006.

This question is on Short-run cost curves and their relationships, part of Costs of production in Microeconomics.

Fixed, variable, average and marginal cost, and how marginal cost relates to average cost.

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