Question
Why is short run average cost curve U-shaped?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
|
Score
|
Frequency
|
|
0-10
|
10
|
|
10-20
|
20
|
|
20-30
|
18
|
|
30-40
|
32
|
|
40-50
|
21
|
| Output (kg) | 0 | 1 | 2 | 3 | 4 | 5 | 6 |
| TC (₹) | 60 | 80 | 100 | 111 | 116 | 130 | 150 |
| Employment of Variable Factor (Units) | Employment of Fixed Factor (Units) | Total Physical Product (Units) |
| 0 | 5 | 0 |
| 1 | 5 | 10 |
| 2 | 5 | 24 |
| 3 | 5 | 40 |
| 4 | 5 | 56 |
| 5 | 5 | 70 |
| 6 | 5 | 80 |
| 7 | 5 | 84 |
| Marks | 0-10 | 10-20 | 20-30 |
| Number of Student | 4 | 6 | 10 |
|
X
|
1
|
3
|
4
|
5
|
8
|
9
|
|
Y
|
4
|
6
|
9
|
10
|
15
|
16
|