हिंदी

Mark the right option about the shape of the AVC curve.

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प्रश्न

Mark the right option about the shape of the AVC curve.

विकल्प

  • U-shaped

  • (b) Horizontal straight line

  • Vertical straight line

  • None of these

MCQ
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उत्तर

U-shaped

Explanation:

Average variable cost usually falls at first and then rises as output increases, due to the law of variable proportions. Hence, the AVC curve is U-shaped.

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अध्याय 8: Cost and Revenue Analysis - TEST YOURSELF QUESTIONS [पृष्ठ १६९]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 8 Cost and Revenue Analysis
TEST YOURSELF QUESTIONS | Q 14. | पृष्ठ १६९
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