What does the rectangle OVBq0 depic

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Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:

What does the rectangle OVBq₀depicts in the given figure?

Options:

Average variable cost

Average cost

Total variable cost

Total cost

Correct Answer:

Total variable cost

Explanation:

The correct answer is Option (3) → Total variable cost