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Identify the correct mathematical expres...

Identify the correct mathematical expression.

A

`TC = TFC - TVC`

B

`TVC = TFC - TC`

C

`TFC = TC - TVC`

D

`TC = TVC - TFC`

Text Solution

Verified by Experts

The correct Answer is:
C
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SANDEEP GARG-COST-Multiple Choice Qns
  1. MC curve is common to both :

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

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  3. Identify the correct mathematical expression.

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  4. AFC curve :

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  5. As output arises:

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  6. A firm producing 6 units of output has average total cost ₹ 150 and ...

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  7. Which cost increases continuously with increase in production ?

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  8. Which of the following is true with respect to relationship between ...

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  9. A firm is has variable cost ₹ 1,000 at five units of output. If fixed...

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  10. Which is the following is a variable cost for a firm ?

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  11. A firm's average fixed cost (AFC) is ₹ 20 at six units of output. What...

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  12. Which of the following statement is true ?

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  13. "" cost refers to actual payment made by the entreneur to the provide...

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  14. The distinction drawan between fixed and variable costs is based on :

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  15. Which of the following is an example of "Implicit cost" ?

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  16. If a resource can be put only to particular use, then opportunity c...

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  17. If a Firm produces zero output in the short period, then :

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  18. With which of the following, the concept of marginal cost is closely r...

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  19. Initially, even when there is an increase in AVC, AC may still decline...

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  20. MC Curve cuts the AVC and ATC Curves :

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