As output increases, AC and AVC tends to be closer but the differ… - Vidyadip

Question

As output increases, AC and AVC tends to be closer but the difference between AC and AVC can never be ________.

✓

Answer

As output increases, AC and AVC tends to be closer but the difference between AC and AVC can never be zero.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Fill In The Blanks[1 Marks ]" from Production and cost→Production and cost — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

When the consumption expenditure is more than the income, the value of APS be ______.

A balance of payment transaction undertaken to cover deficit or surplus in autonomous transactions are called_________.

__________ means "If other things remaining equal".

Fill in the blanks with correct answers.
Two components of money supply are ________ and ________.

Average revenue and marginal revenue curves have ________ slope under monopoly market.

A consumer gets maximum satisfaction, when utility he gets from last unit is ________ to utility he gives up in terms of money.

_______ is the study of individual economic units.

__________ is the fraction of deposits which banks are required to keep as cash within the bank itself.

________ is equal to fiscal deficit less interest payment.

________ is that type of market in which there are very large number of buyers and sellers.