Which of the following cost curves is never U-shaped?
A). Average cost curve
B). Marginal cost curve
C). Average variable cost curve
D). Average fixed cost curve
Average fixed cost curve
Average fixed cost curve is never U-shaped. The average fixed costs AFC curve is downward sloping because fixed costs are distributed over a larger volume when the quantity produced increases.
1. Invisible trade is a trade :
2. Question 15:Explain why G − T = (Sg − I) − (X − M).
3. Service marketing implies selling of
4. Which among the following is the oldest Development Financial Institution of India
5. The average product curve are inverse ____ shaped.
9. The kinked demand curve model of oligopoly assumes that
10. An increase in the growth rate of the nominal money supply results in