As a firm increases its output, the average fixed cost?
ECONOMICS
JAMB 2002
As a firm increases its output, the average fixed cost?
- A. tends to rise continuously
- B. remains constant
- C. rises and then falls
- D. tends to decreased continuously
Correct Answer: D. tends to decreased continuously
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *