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Can AFC curve touch the Y-axis and X-axis? - Economics

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प्रश्न

Can AFC curve touch the Y-axis and X-axis?

लघु उत्तरीय
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उत्तर

  • No, the AFC curve can never touch the X-axis or the Y-axis.
  • At very low output, AFC is high but not infinite; hence, the curve fails to touch the Y-axis. As output increases, AFC decreases but never reaches zero; therefore, it never touches the X-axis.
  • This is because the total fixed cost (TFC) is always a positive number. 
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अध्याय 8: Cost and Revenue Analysis - TEST YOURSELF QUESTIONS [पृष्ठ १६१]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 8 Cost and Revenue Analysis
TEST YOURSELF QUESTIONS | Q 31. | पृष्ठ १६१
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