Which statement is NOT true regarding the total variable cost curve?
A) It increases as output increases.
B) It shows the variable cost of production given current factor prices.
C) It starts at the origin.
D) It is a horizontal line.

Question

Quizplus · Accepted Answer

The total variable cost curve does not show a horizontal line because as output increases, more variable inputs are required, leading to an increase in variable costs. Therefore, Option D is not true.

Which Statement Is NOT True Regarding the Total Variable Cost