EduFarming
Your list · 0हिं

Type at least two letters. Press Esc to close.

↑↓ navigate↵ openTAB cycle filter

Cost Curves · Question 15 of 62

Question 15

MediumOriginal question

The TVC curve starts from the origin because

Options for question 15

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Variable cost is spent only on producing; with nothing produced, it is zero.

Concept
Starting point of TVC
Typical time
70 s
Your time
—
The rule this testsFixed and variable cost
Practise this chapter →

Ten questions from Cost Curves, at your own pace.

Practise this chapter →

Ten questions from Cost Curves, at your own pace.