Question

In the short run what will be total cost if total production is zero ?​

Answer 1

Explanation:

Short Run Total Costs Curves

This implies that even if the output is zero, the firm incurs a fixed cost. The TVC curve, on the other hand, rises upwards. This implies that TVC increases as the output increases.

Answer 2

Explanation:

This implies that even if the output is zero, the firm incurs a fixed cost. The TVC curve, on the other hand, rises upwards. This implies that Tvc increases as the output increases.