Use the following to answer questions :
-(Figure: Short-Run Costs)Use Figure: Short-Run Costs.The vertical difference between curve B and curve C at any quantity of output is the _____ cost.
A) marginal
B) fixed
C) average fixed
D) average variable

Question

Use the following to answer questions : 
-(Figure: Short-Run Costs)Use Figure: Short-Run Costs.The vertical difference between curve B and curve C at any quantity of output is the _____ cost.
A) marginal 
B) fixed 
C) average fixed 
D) average variable

Quizplus · Accepted Answer

The vertical difference between the average total cost curve (curve B) and the average variable cost curve (curve C) is the average fixed cost.

Use the Following to Answer Questions