1.

Both total cost and total fixed cost curve start from the same point.

Answer» <html><body><p></p>Solution :True. Both the curves <a href="https://interviewquestions.tuteehub.com/tag/start-1224710" style="font-weight:bold;" target="_blank" title="Click to know more about START">START</a> form the Y-axis as both are same at <a href="https://interviewquestions.tuteehub.com/tag/zero-751093" style="font-weight:bold;" target="_blank" title="Click to know more about ZERO">ZERO</a> level of output.Total cost <a href="https://interviewquestions.tuteehub.com/tag/includes-1039937" style="font-weight:bold;" target="_blank" title="Click to know more about INCLUDES">INCLUDES</a> Total fixed cost and Total variable cost and <a href="https://interviewquestions.tuteehub.com/tag/tvc-662365" style="font-weight:bold;" target="_blank" title="Click to know more about TVC">TVC</a> is zero at Zero level of output, so TC=TFCat zero level of output.</body></html>


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