Average cost will rise only when marginal cost rises.

1.	Average cost will rise only when marginal cost rises.
Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :False. Rise in AC <a href="https://interviewquestions.tuteehub.com/tag/takes-1238575" style="font-weight:bold;" target="_blank" title="Click to know more about TAKES">TAKES</a> place when MC is <a href="https://interviewquestions.tuteehub.com/tag/greater-476627" style="font-weight:bold;" target="_blank" title="Click to know more about GREATER">GREATER</a> than AC and not necessarily when MC <a href="https://interviewquestions.tuteehub.com/tag/rises-1189694" style="font-weight:bold;" target="_blank" title="Click to know more about RISES">RISES</a>.</body></html>

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