Draw TFC and TVC curves.

Draw ATC and AVC curves on a single diagram.

Draw TFC,TVC andTC curves on a single diagram.

Draw ATC,AVC and MC curves on a single diagram.

Find TFC and TVC .

Answer the following question: (i) Why does AFC curve never touch the X-axis ? (ii) Why does TVC curve start from origin? (iii) Why AC, AVC and MC curves are U-shaped ? (iv) Why are the gap between TC curve and TVC curve remains constant with rise in output ? (v) Why does AC curve lie above the AVC curve ? (vi) Why does TC curve and TFC curve start from the same point above the origin?

Determine TFC and TVC from the following particulars :

Draw at P-T curve for isobaric process.