Economy, asked by jiyaagrawal8888, 6 months ago

when TVC is zero at zero level of output what happens to TFC?

Answers

Answered by imam0004
3

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. TVC-is zero, when output is zero. It increases as output increases. The shape of TVC curve depends on the shape of the production function

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