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Which of the following statement is true...

Which of the following statement is true ?

A

`ATC = AFC - AVC`

B

`AVC = AFC + ATC`

C

`AFC = ATC + AVC`

D

`AFC = ATC - AVC`

Text Solution

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The correct Answer is:
D
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SANDEEP GARG-COST-Multiple Choice Qns
  1. Which is the following is a variable cost for a firm ?

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

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  3. Which of the following statement is true ?

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

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

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

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

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

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

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

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  11. MC Curve cuts the AVC and ATC Curves :

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  12. The total cost at 5 units of output is ₹ 30. The fixed cost is ₹ 5. Th...

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  13. The average fixed cost at 4 units of output is ₹ 20. Average variabl...

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  14. The realtionship between AC, AVC and MC is rightly shown by :

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  15. Identify the following curve :

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  16. Which of the following diagram correctly depicts the relationship bet...

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  17. The area under the following curve is equal to :

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  18. Which of the following diagram correctly depicts the ralation between ...

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  19. When AC gt MC, then MC can:

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  20. Out of the following costs, which cost can never be zero :

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