A curve that can never be “U” shaped is the:

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Question:

A curve that can never be “U” shaped is the:

A.

Average variable cost curve.

B.

Marginal cost curve.

C.

Average fixed cost curve.

D.

Average total cost curve.

Answer» c. Average fixed cost curve.

Note: The above multiple-choice question is for all general and Competitive Exams in India.