Economy, asked by muniagrawal955, 8 months ago

explain the relationship between TFC,TVC and TC with the help of graph

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Answered by gajawadanagaraju2007

Answer:

Total fixed cost (TFC) is represented by a straight line parallel to X-axis and it remains unchanged for all output levels in a time period. TC is the sum of TFC and TVC. ... When no variable output is added, TC is equal to TFC.

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explain the relationship between TFC,TVC and TC with the help of graph​

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explain the relationship between TFC,TVC and TC with the help of graph