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How AC , AFC and AVC …

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How AC , AFC and AVC related with each other??

    • Posted by Tanya Goyal 7 years, 11 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Mimansha Rawat 7 years, 11 months ago

    1.AC curve always lies above AFC and AVC curve because AC=AFC +AVC 2.minimum point of AVC comes before minimum point of AC because AC continues to fall due to falling AFC. 3.with increase in output AVC increases which leads to decrease in the gap between AC and AVC but the never intersect each other because the distance between them is AFC which cannot be 0.

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