What is the correct answer?


The average cost curve is a geometrical illustration of:

A. Hydraulic function

B. Cubic function

C. Pentagonic function

D. Quadratic function

Correct Answer :

D. Quadratic function

The quadratic function shows that if by increase the value of independent variable the value of dependent variable is decreasing then after a certain level it starts to increase and vice versa. is a quadratic function.

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