Economy, asked by rkkhande75, 2 months ago

Which of the following curve is a rectangular hyperbola?

a) Total Cost

b) Total Fixed Cost

c) Average Fixed Cost

d) Average Total Cost​

Answers

Answered by krishnabhosle2426
1

Explanation:

Total fixed cost (TFC) is constant at all levels of output. AFC is the average of total fixed cost and thus, with increase in output the AFC diminishes. The AFC curve is represented by a rectangular hyperbola.

Answered by harshu6995
2

b) Total Fixed Cost

Hope it is helpful

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