Economy, asked by rabiyul, 4 months ago

what is the shape of the TFC curve? ​

Answers

Answered by Anonymous
1

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Tʜᴇ TFC ᴄᴜʀᴠᴇ ɪs ᴘᴀʀᴀʟʟᴇʟ ᴛᴏ ᴛʜᴇ ʜᴏʀɪᴢᴏɴᴛᴀʟ ᴀxɪs ᴡʜɪʟᴇ ᴛʜᴇ TVC ᴄᴜʀᴠᴇ ɪs ɪɴᴠᴇʀᴛᴇᴅ-S sʜᴀᴘᴇᴅ.

Explanation:

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Answered by Talentedgirl1
1

Answer:

The TFC curve is parallel to the horizontal axis while the TVC curve is inverted-S shaped.

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