The slope of ___curve will be positive if and only if the marginal cost curve lies above theAC curve.

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Question:

The slope of ___curve will be positive if and only if the marginal cost curve lies above theAC curve.

A.

AC

B.

MC

C.

ATC

D.

MP

Answer» a. AC

Note: The above multiple-choice question is for all general and Competitive Exams in India.