EXPERTS PLEASE REPLY THAT monopolistic competiton is it necessary to draw the avc curve in same way as i am - Economics - Non-Competitive Markets

Question

EXPERTS PLEASE REPLY THAT monopolistic competiton is it necessary
to draw the avc curve in same way as i am not able to get that
properly it seems to be craming so please explain

Vanita Rana · Accepted Answer

Hey Vani,

Yes You need to draw AVC curve in the same manner as shown in our
study material AVC curve is a U shaped curve and lies below AC
curve

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EXPERTS PLEASE REPLY THAT monopolistic competiton is it necessary to draw the avc curve in same way as i am not able to get that properly it seems to be craming.so please explain