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When AC curve falls, MC curve falls:

A. More than AC curve

B. Less than AC curve

C. Equal to AC curve

D. None of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. When total revenue is maximum in monopoly, elasticity of demand is:
  2. When the law of demand operates the demand curve:
  3. Income distribution effects:
  4. Cross-elasticity of demand or cross-price elasticity between two independent goods will be:
  5. An individual consumers demand is not determined by:
  6. Supply of commodity is a:
  7. Which is the correct statement?
  8. In Edgeworth model, price remains:
  9. Which of the following is an implicit cost of production?
  10. The concept of period refers to:
  11. The greater the percentage of income spent on a commodity:
  12. Demand is elastic when the coefficient of elasticity is:
  13. Who wrote A Contribution to the Theory of Trade Cycle?
  14. A firm under perfect competition has:
  15. In dominant strategies I am doing the best, I can no matter:
  16. In monopoly:
  17. When at a given price, the quantity demanded of a commodity is more than the quantity supplied, there…
  18. Price discrimination is undertaken with the aim of:
  19. Each firm in cournot model assumes that its competitor will:
  20. If at the unchanged price, the demand for a commodity goes up, or the quantity demanded remains the…
  21. Most of the supply curves with which the average consumer deals are:
  22. Formulation of an economic theory involves:
  23. In monopolistic competition, the customers are attached with one product because of:
  24. A monopoly producer usually earns:
  25. The law of variable proportions comes into being when:
  26. Social costs equal private costs when:
  27. If the price of product increases and in the result the demand for product B also increases then:
  28. In the real world, some competitive firms owns specialized resources that earn a return called:
  29. The Purchasing Power Parity (PPP) Theory is presented by:
  30. Economics is a: