The shape of average cost curve is ______________

Related MCQs

• The shape of a demand curve is _________________
• At the point where MC is equal to AC, average cost is ________________
• Cost theory explains the relationship between cost &_________________
• Out of pocket cost are _______________ cost
• The demand curve for inferior good is ____________________
• When the demand curve is a rectangular hyperbola, it represents
• The horizontal demand curve represents
• Profit is the difference between total cost and ___________________
• Alternative cost is also known as a ____________________
• In the long – run there is no _______________ cost