-In the above figure,curve A is the ________ curve and curve B is the ________ curve.
A) total variable cost; total fixed cost
B) total cost; total fixed cost
C) total fixed cost; total variable cost
D) total cost; total variable cost
E) total variable cost; total cost

Question

-In the above figure,curve A is the ________ curve and curve B is the ________ curve.
A) total variable cost; total fixed cost 
B) total cost; total fixed cost 
C) total fixed cost; total variable cost 
D) total cost; total variable cost 
E) total variable cost; total cost

Quizplus · Accepted Answer

Curve A represents the total cost, which includes both fixed and variable costs. Curve B, starting from the origin, represents the total variable cost, which varies with the level of output. Total fixed cost would be a horizontal line, not depicted here.

-In the Above Figure,curve a Is the ________ Curve and Curve