Sign In
Ask Question
Mattie Bartlett
Business
31 May, 15:46
Explain why Total costs curve behaves like this?
+5
Answers (
1
)
Cody Gutierrez
31 May, 16:14
0
Explanation: TVC is the total variable cost curve. It slopes upward left to right, as inverse S-shaped. This slope of TVC curve shows that the total variable cost increases initially at a decreasing rate as the total output increases and subsequently it increases at an increasing rate with the increase in the output.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“Explain why Total costs curve behaves like this? ...”
in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The average price of a gallon of milk increased from $3.00 last year to $3.50 this year. This is most likely due to
Answers (1)
If both the average flow rate and average flow time of a process are increased by 50%, the percentage change in the average number of units in the process is: (a) 125% (b) 50% (c) Cannot be determined (d) 225%
Answers (1)
The Nantell Corporation just purchased an expensive piece of equipment. Assume that the firm planned to depreciate the equipment over 5 years on a straight-line basis, but Congress then passed a provision that requires the company to depreciate the
Answers (1)
Tanya is an administrative assistant at Build-Rite Construction. She is caught up on her work, and her boss and co-workers are out of the office all day for site visits.
Answers (1)
A vending machine's coin box contains nickels, dimes, and quarters. The total number of coins in the box is 284. The number of dimes is three times the number of nickels and quarters together.
Answers (1)
New Questions in Business
Which of the following is one of the main things to consider when evaluating a business opportunity?
Answers (1)
Analyzing Accounts Receivable Changes The comparative balance sheets of Sloan Company reveal that accounts receivable (before deducting allowances) increased by $15,000 in 2013.
Answers (1)
The balance in the Accounts Receivable account decreased from $18,000 at the beginning of the month to $15,000 at the end of the month. Sales on account during the month totaled $130,000.
Answers (1)
A firm is considering a replacement project which requires the initial outlay of $300,000 which includes both an after-tax salvage from the old asset of $12,000 and an additional working capital investment of $8,000.
Answers (1)
What payment type is best if you are trying to stick a budget
Answers (2)
Home
»
Business
» Explain why Total costs curve behaves like this?
Sign In
Sign Up
Forgot Password?