why tvc curve inverse s shape in hindi
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Variable costs are those cost which vary with the quantity of output produced.TVC curve is an inverse S-Shaped curve because of law of variable proportion.
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tvc curve is inverse s shaped curve because of law of variable proportions.........cost is opposite of output produced....firstly ,due to increasing returns,less money is spent on production which increases the cost at diminishing rate and then due to diminishing returns cost increases at increasing
answered this
tvc curve is inverse s shaped curve because of law of variable proportions.........cost is opposite of output produced....firstly ,due to increasing returns,less money is spent on production which increases the cost at diminishing rate and then due to diminishing returns cost increases at increasing
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