Q. 195.0( 1 Vote )

The two inversely

Answer :

The two inversely S-shaped short run costs curves are TC and TVC. They both maintain a distance of 50 because here 50 refers to the TFC that the firm incurs in the short run. Since these costs are fixed by no chance would the TC and TVC meet because TC is the sum of TFC and TVC.


Source: NCERT


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

When does the shiEconomics - Board Papers

What happens to tEconomics - Board Papers

Define fixed costEconomics - Board Papers

What is the relatEconomics - Board Papers