As output increases, average fixed cost

Related MCQs

• If the average total cost is Rs.54, total fixed cost is Rs.45000 and quantity produced is 2500 units, find the average variable costs (in Rs.) of the firm -
• Average Fixed Cost Curve is -
• If average cost falls, marginal cost -
• When average cost production (AC) falls, marginal cost of production must be -
• Thomas Robert Malthus (1766 – 1834) was a British economist who is remembered for his essays on population. In his which famous work he said, “Population, when unchecked, increases in a geometrical ratio. Subsistence only increases in an arithmetical ratio.”?
• When average product of an input is at its maximum then :........ note:(AP= Average product) (MP= Marginal product.)
• The reduction of the fixed official rate at which one currency is exchanged for another in a fixed exchange rate regime is termed:
• Fixed cost is known as -
• The fixed cost on such factors of production which are neither hired nor bought by the firm is called -
• Which of the following is not a fixed cost?