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Statement b is correct. If AR is less than AVC, then each unit of output has a revenue below its variable cost. In turn, total revenue is less than total variable cost, so the firm's loss would equal the gap between its total revenue and its total variable cost plus its total fixed cost. If the firm instead shut down and produced nothing, it would have a zero total revenue, and it would buy no variable inputs and so have a zero total variable cost. So its loss would only equal its total fixed cost.
On brinjal crop, malathion 50 EC is sprayed in the concentration of:
Which one is not related with 4-H club?
Which of the following is non-edible oilseed?
Which of the following Scientist discovered the element Potassium?
Crazy Chick disease in poultry is caused due to the deficiency of which of the following?
President of ICAR is
……………………….is the prominent member of 1:1 type group in which one tetrahedral and one octahedral layer is present.
...Which of the following is popularly known as queen of nut crops?
Where is cytokinin synthesis occurs in plants?
In 1975, R. Dulbecco, H. Temin and D. Baltimore Discovered the mechanism of …………………………….
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