How is the shape of average cost curve?

Related MCQs

• How is the slope of fixed cost curve?
• Which type of cost curve is parallel to X axis
• Which type of cost curve has hockey shaped?
• In Which stage of production total, average and marginal production increases?
• In which stage of production, marginal production becomes negative, but average production becomes positive?
• What is the slope of demand curve when demand is perfectly inelastic?
• Which cost diminishes but never becomes zero?
• Total production cost + Unit of production = ------------
• When proportion of production is zero, then which cost is positive?
• Daily wages of labours is the example of which cost?