Nisha sharma Asked a Question
August 27, 2021 4:07 pmpts 30 pts
why avc & ac curve is u shaped?? please xplain me by giving examples
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  • Rucha rajesh shingvekar thankyou
    The AVC curve is a U-shaped curve because of the application of the Law of Variable Returns to Factor. As the quantity produced of a commodity increases, the average variable costs...
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