TC curve

1.	TC curve
Answer» Does not start from ORIGIN TC curve does not start from origin. The shape of the total cost curve is BASED on short-run production returns, especially the law of diminishing MARGINAL returns. Another observation is that the total cost curve does not GO through the origin, but rather begins at a positive value on the vertical AXIS. This vertical intercept indicates fixed cost.

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Does not start from ORIGIN

TC curve does not start from origin. The shape of the total cost curve is BASED on short-run production returns, especially the law of diminishing MARGINAL returns. Another observation is that the total cost curve does not GO through the origin, but rather begins at a positive value on the vertical AXIS. This vertical intercept indicates fixed cost.

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TC curve

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