Production and cost — Economics STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceEconomicsProduction and cost1 Mark
Question
What is the general shape of AP curve?
✓
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.
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.