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MICROECONOMICS CH : 8 CONCEPTS OF COST — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 8 CONCEPTS OF COST1 Mark
Question
Why is total fixed cost curve parallel to X-axis?
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Answer

Total fixed cost remains constant at all levels of output. So, total fixed cost curve is parallel to X-axis.

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