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What is the shape of the average variable cost (AVC) curve in the short run, according to the text?a)It is a straight line.b)It is a U-shape.c)It is a downward-sloping curve.d)It is an upward-sloping curve.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the shape of the average variable cost (AVC) curve in the short run, according to the text?a)It is a straight line.b)It is a U-shape.c)It is a downward-sloping curve.d)It is an upward-sloping curve.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the shape of the average variable cost (AVC) curve in the short run, according to the text?a)It is a straight line.b)It is a U-shape.c)It is a downward-sloping curve.d)It is an upward-sloping curve.Correct answer is option 'B'. Can you explain this answer?.

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