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Draw average variable cost, average total …

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Draw average variable cost, average total cost, and marginal cost curves in a single diagram. State the relation between MC curve and AVC & ATC curves.

Posted by Aiman Asif 1 year, 7 months ago

CBSE > Class 11 > Economics

1 answers

Preeti Dabral 1 year, 7 months ago

All the three curves are U-shaped due to the law of variable proportion.
Marginal Cost curve cut both Average total cost and Average variable cost from their lowest point.

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Posted by Aarv Rai 1 week, 5 days ago

CBSE > Class 11 > Economics

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Notes

Posted by Maryam Ayaz 6 days, 2 hours ago

CBSE > Class 11 > Economics

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Don't post personal information, mobile numbers and other details.
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Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Divyanshu Singh 1 week, 6 days ago

CBSE > Class 11 > Economics