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Which two of the following statements are correct? a) In the short - run, Δ TFC = 0, therefore Δ TC = Δ TVC b) If decrease in AFC < increase in AVC, then AC decreases c) If decrease in AFC = increase in AVC, AC remains constant d) If decreases in AFC > increase in AVC, then AC increases Choose the correct answer from the options given below
Which two of the following statements are correct?
I. In the short - run, ∆TFC = 0, therefore ∆TC = ∆TVC
II. If decrease in AFC III. If decrease in AFC = increase in AVC, AC remains constant
IV. If decrease in AFC > increase in AVC, then AC increases
Choose the correct answer from the options given below
The MC curve reaches its minimum point before the AVC curve and the AC curve. In addition the MC curve intersects the AVC curve and the AC curve at their lowest point. The above statements are both true
Which of the following is true with respect to SMC (Short run marginal cost) and AVC (Average variable cost) ?
Shutdown point referes to the state of loss in short run where a firm need to decide whether to continue with production activity or to suspend it. This point is decided under which condition?
1. AR = AVC
2. AR = MC
3. AR = TVC
4. AR = AC
The letters AVC stand for ___________
যদি উৎপাদন 4, মোট স্থির ব্যয় 5, মোট পরিবর্তনশীল ব্যয় 20 হয় তাহলে AVC কত?
কোনো ফার্ম উৎপাদন কাজ চালিয়ে যাবে- i. দাম (P) = গড় ব্যয় (AC) হলে ii. P> AC হলে iii. AC>P> AVC হলে নিচের কোনটি সঠিক?
নিম খাজনা হলো- i AR-AVC ii TRiii. TR-TVCনিচের কোনটি সঠিক?
AVC stands for ________