(A) Short-run average fixed cost curve declines so long as output increases.
(B) Marginal cost curve must intersect the minimum point of the firm’s average total cost curve.
(C) Long-run average total cost curve is typically U-shaped.
(D) Short-run average variable cost curve is U-shaped.
»Important Links:
English Mcqs | General Knowledge Mcqs | Pak Studies Mcqs |
Current Affairs Mcqs | Current Affairs Mcqs PDF | Current Affairs of Pakistan |
Books PDF | Notes PDF | Islamic Studies Mcqs |