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AVC, AFC & ATC are related in a way that
- a)AVC X AFC= ATC
- b)AVC+AFC= ATC
- c)AVC/AFC= ATC
- d)AVC-AFC= ATC
Correct answer is option 'B'. Can you explain this answer?
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AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC=...
AVC stands for Average Variable Cost. It is the cost of producing one additional unit of output, taking into account only the variable costs such as labor and raw materials.
AFC stands for Average Fixed Cost. It is the fixed cost per unit of output, calculated by dividing the total fixed costs by the total output.
Both AVC and AFC are important concepts in economics and are used in calculating the average total cost (ATC) of production. The ATC is the sum of AVC and AFC and represents the total cost per unit of output.
AFC stands for Average Fixed Cost. It is the fixed cost per unit of output, calculated by dividing the total fixed costs by the total output.
Both AVC and AFC are important concepts in economics and are used in calculating the average total cost (ATC) of production. The ATC is the sum of AVC and AFC and represents the total cost per unit of output.
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AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC=...
The correct answer is B
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AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC= ATCc)AVC/AFC= ATCd)AVC-AFC= ATCCorrect answer is option 'B'. Can you explain this answer?
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AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC= ATCc)AVC/AFC= ATCd)AVC-AFC= ATCCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC= ATCc)AVC/AFC= ATCd)AVC-AFC= ATCCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC= ATCc)AVC/AFC= ATCd)AVC-AFC= ATCCorrect answer is option 'B'. Can you explain this answer?.
AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC= ATCc)AVC/AFC= ATCd)AVC-AFC= ATCCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC= ATCc)AVC/AFC= ATCd)AVC-AFC= ATCCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC= ATCc)AVC/AFC= ATCd)AVC-AFC= ATCCorrect answer is option 'B'. Can you explain this answer?.
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AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC= ATCc)AVC/AFC= ATCd)AVC-AFC= ATCCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC= ATCc)AVC/AFC= ATCd)AVC-AFC= ATCCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of AVC, AFC & ATC are related in a way thata)AVC X AFC= ATCb)AVC+AFC= ATCc)AVC/AFC= ATCd)AVC-AFC= ATCCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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