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प्रश्न
Why is the AVC curve U-shaped?
उत्तर
Because of the law of variable proportion, the AVC curve is U-shaped. AVC decreases when AP increases. As AP increases, AVC decreases, and as AP decreases, AVC begins to rise.
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संबंधित प्रश्न
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| Table I | Table II | ||||
| Machines | Labour | Output of A (units) | Machines | Labour | Output of B (units) |
| 5 | 10 | 1000 | 5 | 10 | 400 |
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| 5 | 12 | 1310 | 15 | 30 | 1200 |
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