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State true or false with reason. …

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State true or false with reason. The difference b/w AC nd AVC decreases with decrease in the level of output?

    • Posted by Mikun Mk 7 years, 11 months ago

    CBSE > Class 12 > Economics
    • 4 answers

    Mikun Mk 7 years, 11 months ago

    @Nishabhadana you're correct :)

    3Thank You

    Vinay Bhadana 7 years, 11 months ago

    The given statement is false as the difference between AC andAVC keeps on increasing when the level of output decreases as the difference between them is AFC which is derived by dividing constant TFC with the decreased level of output

    2Thank You

    Bhavesh Trilokani 7 years, 11 months ago

    True because difference between AC and AVC is Afc and AFC false with increase in output

    0Thank You

    Mikun Mk 7 years, 11 months ago

    Answer please

    1Thank You

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