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Commerce · Q1290

Economics

Graduate and Post Graduate · Commerce · question 1290

Q1290

Consider the following statements. 1. TV increases so long as MU is positive. 2. TU = AU 3. When MU is negative, TV starts increasing. Which of the statement(s) given above is/are correct?

Consider the following statements.
1. TV increases so long as MU is positive.
2. TU = AU
3. When MU is negative, TV starts increasing.
Which of the statement(s) given above is/are correct?
A.
Only 1
Answer
B.
Both 1 and 3
C.
Both 2 and 3
D.
None of these

Answer: Option A

Solution

Answer: Option A
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