State the behaviour of Total Variable Cost. Draw Total Variable Cost, Total Cast and Total Fixed Cost Curvesin a single diagram.

State the behaviour of Total Variable Cost. Draw Total Variable Cost,

1.	State the behaviour of Total Variable Cost. Draw Total Variable Cost, Total Cast and Total Fixed Cost Curvesin a single diagram.
Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :The <a href="https://interviewquestions.tuteehub.com/tag/total-711110" style="font-weight:bold;" target="_blank" title="Click to know more about TOTAL">TOTAL</a> variable cost is the cost that <a href="https://interviewquestions.tuteehub.com/tag/varies-1443299" style="font-weight:bold;" target="_blank" title="Click to know more about VARIES">VARIES</a> with the change in the <a href="https://interviewquestions.tuteehub.com/tag/level-1072714" style="font-weight:bold;" target="_blank" title="Click to know more about LEVEL">LEVEL</a> of output and hence it increases as output increases and decreases as output decreases.</body></html>