Production and cost — Economics STD 12 Humanities & Commerce — Question
Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsProduction and cost1 Mark
Question
What is the general shape of AP curve?
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Answer
AP curve is inverted 'U' shape as it first rises, reaches its maximum and then falls as more and more units of variable factors are employed, but it can never be zero or negative.
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