Which of the following is/are true about the short run costs?
(A) Marginal cost is the slope of total variable cost.
(B) Average fixed cost curve is a downward sloping rectangular hyperbola.
(C) Average variable cost curve is a U shaped curve.
(D) Average variable cost curve and average cost curve are parallel to each other.
Choose the correct answer from the options given below:
Held on 21 May 2025 · Verified 13 Jul 2026.
(A), (B) and (D) only
(B), (C) and (D) only
(A), (B), (C) and (D)
(A), (B) and (C) only
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