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प्रश्न
Mark the right option about the shape of the average cost curve:
पर्याय
parallel to X-axis
U-shaped
rectangular hyperbola shape
none of these
MCQ
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उत्तर
U-shaped
Explanation:
The average cost curve generally falls initially, reaches a minimum and then rises, making it U-shaped. A rectangular hyperbola describes the average fixed cost curve.
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