Join ExamsbookAnswer : 1. "The Marginal Cost is Less than Average Cost"
If Average Total Cost is declining then5
Q: If Average Total Cost is declining then
- 1The Marginal Cost is Less than Average Costtrue
- 2The Total Cost must also be Decliningfalse
- 3The Marginal Cost is Greater than Average Costfalse
- 4The Average Fixed Cost curve must lie above the average variable cost curvefalse
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Answer : 1. "The Marginal Cost is Less than Average Cost"
Explanation :
Answer: A) The Marginal Cost is Less than Average Cost Explanation:
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Since Nithya and Suganya exchange places, so Rita’s new position is the same as Monika’s earlier position. This position is 17th from the right and 10th from the left. Therefore Number of girls in the row = (16 + 1 + 9) = 26.