Explain the credit creation of commercial bank with the help of a numerical example
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Average Variable Cost falls even when Marginal Cost is rising.
(ii) The difference between Total Cost and Total Variable Cost falls with increase in output.
(iii) As soon as Marginal Cost starts rising, Average Variable Cost also starts rising.
(iv) Average Cost falls only when Marginal Cost falls.
(v) The difference between Average Total Cost and Average Variable Cost is. constant.
(vi) 4s output is increased, the difference between Average Total Cost and Average Variable Cost falls and ultimately becomes zero.
(ii) The difference between Total Cost and Total Variable Cost falls with increase in output.
(iii) As soon as Marginal Cost starts rising, Average Variable Cost also starts rising.
(iv) Average Cost falls only when Marginal Cost falls.
(v) The difference between Average Total Cost and Average Variable Cost is. constant.
(vi) 4s output is increased, the difference between Average Total Cost and Average Variable Cost falls and ultimately becomes zero.
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