Question

why is total variable cost curve inverse S- shaped?

Answer 1

TVC is the total variable cost curve. It slopes upward left to right, as inverse S-shaped. This slope of TVC curve shows that the total variable cost increases initially at a decreasing rate as the total output increases and subsequently it increases at an increasing rate with the increase in the output.


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Answer 2

Answer:TVC curve is U shaped because of law of variable proportion.

Explanation:

Because TVC curve change with change in level of output TVC also becomes zero when output is zero.

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