Why is average total cost greater than average variable cost?

1.	Why is average total cost greater than average variable cost?
Answer» <html><body><p></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/average-13416" style="font-weight:bold;" target="_blank" title="Click to know more about AVERAGE">AVERAGE</a> <a href="https://interviewquestions.tuteehub.com/tag/total-711110" style="font-weight:bold;" target="_blank" title="Click to know more about TOTAL">TOTAL</a> cost (<a href="https://interviewquestions.tuteehub.com/tag/atc-364379" style="font-weight:bold;" target="_blank" title="Click to know more about ATC">ATC</a>) isgreater than averagevariable cost (AVC) because ATC also <a href="https://interviewquestions.tuteehub.com/tag/includes-1039937" style="font-weight:bold;" target="_blank" title="Click to know more about INCLUDES">INCLUDES</a> average fixed cost (AFC) in additionto AVC at all <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.</body></html>

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