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Why is short run marginal cost curve 'U'...

Why is short run marginal cost curve 'U'-shaped?

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Why is the short run marginal cost curve 'U'-shaped?

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Knowledge Check

  • The short run marginal cost curve is ___shaped.

    A
    U
    B
    V
    C
    X
    D
    W

  • Area under marginal cost curve is

    A
    TVC
    B
    TFC
    C
    AFC
    D
    AVC

    • Similar Questions

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    Why is total variable cost curve inverse S-shaped?

    What does the area under marginal cost curve show?

    What do the short run marginal cost, average variable cost and short run average cost curves look like?

    What do the short run marginal cost, average variable cost and average cost curves look like? Why?

    (a) Why is Total Variable Cost curve inverse S-shaped? (b) What is Average Fixed Cost of a firm ? (b) What is Average Fixed Cost of a firm ? Why is an Average Fixed Cost Curve a rectangular Hyperbola ? Explain with help of a diagram.

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