[amp_mcq option1=”Starts from origin” option2=”Does not start from origin” option3=”Is parallel to Y-axis” option4=”None of the above” correct=”option2″]<\/p>\n
The correct answer is: B. Does not start from origin<\/strong>.<\/p>\n A TVC curve is a graph that shows the total variable cost of producing a certain quantity of output. It is a U-shaped curve, which means that it starts low, rises to a maximum, and then falls again. The reason for this is that the variable costs of production increase at a decreasing rate as output increases. This is because the fixed costs of production are spread out over a larger number of units, so each additional unit produced costs less to produce.<\/p>\n The TVC curve does not start from the origin because there are always some fixed costs, even when no output is produced. These fixed costs include things like rent, insurance, and depreciation.<\/p>\n The TVC curve is not parallel to the Y-axis because the variable costs of production are always positive. This is because there is always some cost associated with producing even a single unit of output.<\/p>\n I hope this helps! Let me know if you have any other questions.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”Starts from origin” option2=”Does not start from origin” option3=”Is parallel to Y-axis” option4=”None of the above” correct=”option2″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-52096","post","type-post","status-publish","format-standard","hentry","category-economics","no-featured-image-padding"],"yoast_head":"\n