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Commerce · Q168

Economics

Graduate and Post Graduate · Commerce · question 168

Q168

TVC curve

A.
Starts from origin
Answer
B.
Does not start from origin
C.
Is parallel to Y-axis
D.
None of the above

Answer: Option A

Solution

Answer: Option A
Solution:
TVC curve starts from origin. TVC starts from origin which shows TVC is zero when output is zero. TC curve is derived by adding the TFC and TVC curve.