New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The gap between the average total cost and average

    variable cost goes along with the increasing in unit of production is:
    A Decreasing Correct Answer Incorrect Answer
    B Increasing Correct Answer Incorrect Answer
    C Constant Correct Answer Incorrect Answer
    D Initially increasing then decreasing Correct Answer Incorrect Answer

    Solution

    The gap between the average total cost and average variable cost goes along with the increasing in unit of production is increasing initially and then start decreasing.

    Practice Next

    Relevant for Exams: