Discuss the relationship between TVC and MC. OR Draw a diagram showing – InterviewSolution

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1.	Discuss the relationship between TVC and MC. OR Draw a diagram showing TVC in terms of the area under MC curve.
Answer» we know, MC is addition to TVC when one more unit of output is produced. So, TVC can be obtained as addition of all or sumation of MCâ€™s of all the units produced. If output is assumed to be perfectly divisible, then total area under the MC curve will be equal to TVC.

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