Question

Identify two cost curves which start from the same point on the Y-axis.

पर्याय

• TVC and TFC curves

• TVC and AVC curves

• TFC and TC curves

• TFC, AFC curves

Answer 1

TFC and TC curves

Explanation:

At zero output, total cost equals total fixed cost because total variable cost is zero. Thus, the TC and TFC curves begin at the same point on the Y-axis.