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As the level of output varies …

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As the level of output varies what happens to the cost ?

Posted by Muskan Megha 5 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

Ritu Manon 5 years, 2 months ago

As output increases total cost remains same but variable cost first falls then rises thats why TVC curve is also first concave and then convex

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CBSE > Class 12 > Economics

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This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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