Shapes of Total Cost Curves in the Short Run

Q.

What Is Abnormal Cost?

Q. Marginal cost curve of a firm is ________ shaped.

1. T - shaped
2. I - shaped
3. C - shaped
4. U - shaped

Q. area bounded by curve y=e raised to power x and y=eraised to power -x and the line x=1?

Q. ___________ is a fixed cost.

1. Raw material cost
2. Factor rent
3. Power and fuel
4. Wages