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Explain the shape of the total fixed cost (TFC) curve. - Economics

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प्रश्न

Explain the shape of the total fixed cost (TFC) curve.

स्पष्ट करा
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उत्तर

The TFC curve is a horizontal straight line parallel to the X-axis at the level of total fixed cost (OA), showing that fixed cost remains constant at all levels of output.

It begins from point A on the Y-axis, indicating that fixed cost is incurred even when output is zero.

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पाठ 22: Model Short Answer Questions - MODEL SHORT ANSWER QUESTIONS [पृष्ठ ४६६]

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