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The curve in the following diagram is th...

The curve in the following diagram is the most similar to a typical ,

A

Total Variable Cost Curve

B

Marginal Cost Curve

C

Total Cost Curve

D

Average Variable Cost Curve

Text Solution

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The correct Answer is:
C
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SANDEEP GARG-COST-Multiple Choice Qns
  1. TFC is ₹ 20 at 2^(nd) unit of output and MC at 3^(rd) unit is ₹ 5. TFC...

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  2. Which diagram correctly depicts total variable cost curve :

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  3. The curve in the following diagram is the most similar to a typical ,

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  4. MC curve intersects AC curve at its "" point and AVC curve at its "" ...

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  5. AC, AVC and MC curves are 'U' shaped because of :

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  6. Which two curves are intersected by MC curve at their minimum points:

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  7. Minimum point of MC curve comes before the minimum point of :

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  8. AVC can fall even when MC is rising, provided :

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  9. Which condition is incorrect :

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  10. Ishaan, Piyush and Bhavya are three friends talking about the relation...

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  11. Which one of the following is also known as fixed cost ?

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  12. The cost which is never zero even when production is stopped is known ...

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  13. AC is obtained by dividing TC by the level of :

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  14. when change in total cost is divided by change in output, we get :

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  15. Which of the following cost curves is rectangular hyperbola ?

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  16. When AC is rising MC is :

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  17. Minimum point of AC occurs to the right of minimum point of :

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  18. MC curve is common to both :

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  19. In the short run, total cost curve starts from:

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  20. Identify the correct mathematical expression.

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