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Which of the following cost curves is never ‘U’ shaped?
  • a)
    Average cost curve 
  • b)
    Marginal cost curve 
  • c)
    Total cost curve 
  • d)
    Fixed cost curve 
Correct answer is option 'D'. Can you explain this answer?
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Which of the following cost curves is never ‘U’ shaped?a)Average cost curveb)Marginal cost curvec)Total cost curved)Fixed cost curveCorrect answer is option 'D'. Can you explain this answer?
Question Description
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