Q.

Average fixed cost

A. falls as long as output rises
B. rises as long as output rises
C. is determined by adding average variable cost and average total cost
D. is cut by marginal cost at its lowest point
E. None of the above
Answer» A. falls as long as output rises
1.9k
0
Do you find this helpful?
1

View all MCQs in

Industrial Engineering

Discussion

No comments yet