The average variable cost curve is usually U-shaped.

Name: The average variable cost curve is usually U-shaped.
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The average variable cost curve is typically U-shaped due to economies and diseconomies of scale. Initially, as production increases, average variable costs decrease due to more efficient use of resources. However, after a certain point, average variable costs begin to increase due to factors such as overutilization of resources and inefficiencies.

The Average Variable Cost Curve Is Usually U-Shaped