what is total fixed cost total variable cost and total cost of form and how they are related
Answers
Answered by
1
Answer:
The sum of total fixed cost and total variable cost is called the total cost. 1) TFC curve remains constant throughout all the levels of output as fixed factor is constant in short run. 2) TVC rises as the output is increased by employing more and more of labour units.
Explanation:
Mark me on brainlist bro
Similar questions