Discuss the relationship between TVC and MC. OR Draw a diagram showing TVCin terms of the area under MC curve.

Discuss the relationship between TVC and MC. OR Draw a diagram showi

1.	Discuss the relationship between TVC and MC. OR Draw a diagram showing TVCin terms of the area under MC curve.
Answer» <html><body><p></p>Solution :we know, MC is <a href="https://interviewquestions.tuteehub.com/tag/addition-367641" style="font-weight:bold;" target="_blank" title="Click to know more about ADDITION">ADDITION</a> to TVC when <a href="https://interviewquestions.tuteehub.com/tag/one-585732" style="font-weight:bold;" target="_blank" title="Click to know more about ONE">ONE</a> more unit of output is produced. So, TVC can be <a href="https://interviewquestions.tuteehub.com/tag/obtained-7273275" style="font-weight:bold;" target="_blank" title="Click to know more about OBTAINED">OBTAINED</a> as addition of all or sumation of MCâ€™s of all the <a href="https://interviewquestions.tuteehub.com/tag/units-1438468" style="font-weight:bold;" target="_blank" title="Click to know more about UNITS">UNITS</a> produced. If output is assumed to be perfectly divisible, then total <a href="https://interviewquestions.tuteehub.com/tag/area-13372" style="font-weight:bold;" target="_blank" title="Click to know more about AREA">AREA</a> under the MC curve will be equal to TVC.</body></html>