As output increases, total variable cost will increases. The average cost curve is U-shaped. As output increases, average variable cost falls because of spreading of cost.Total Variable cost
Average Variable Cost
Quizzes and worksheets on this website have been developed in Flash format. Flash is no more supported by browsers. Very few browsers are still supporting Flash. To view them properly on your mobile phones/ desktop, you will have to install Puffin Web Browser. Visit https://www.puffin.com/
It is 100% safe.
We have 131 guests and no members online
As output increases, total variable cost will increases. The average cost curve is U-shaped. As output increases, average variable cost falls because of spreading of cost.Total Variable cost
Average Variable Cost
© 2023 dineshbakshi.com