CUET Economics 2025 15 May Shift 1Micro > MediumAs long as the AP increases, it must be the case that MP is greater than AP.when AP falls, MP has to be less than AP.MP curve cuts AP curve from above at its maximum.AP can fall even when MP is rising.✅ Correct Option: 4Related questions:30 May Shift 1What will be the average variable cost (AVC) for producing 200 vases?27 May Shift 2The marginal product of an input initially rises and then after a certain level of employment, it starts falling, thus MP curve looks like an inverse 'U'- shaped curve. This condition is under ............30 May Shift 2The collection of all possible combinations of goods and services that can be produced from a given amount of resources and a given stock of technological knowledge.