Economy, asked by neeraj5698, 1 year ago

Why does TVC take the shape of inverted s

Answers

Answered by rafayabdul7281
0

The TC curve is inverted-S shaped. This is because of the TVC curve. Since the TFC curve is horizontal, the difference between the TC and TVC curve is the same at each level of output and equals TFC. ... Thus, the TC curve is the same shape as TVC but begins from the point of TFC rather than the origin.

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