-In the above figure, which of the following statements is FALSE?
A) Average fixed cost decreases as output decreases.
B) The vertical gap between curves B and C equals marginal fixed cost.
C) The vertical gap between curves B and C gets smaller as AFC decreases.
D) Curve A is the marginal cost curve.

Question

-In the above figure, which of the following statements is FALSE?
A) Average fixed cost decreases as output decreases. 
B) The vertical gap between curves B and C equals marginal fixed cost. 
C) The vertical gap between curves B and C gets smaller as AFC decreases. 
D) Curve A is the marginal cost curve.

Quizplus · Accepted Answer

The Answer of 
-In the above figure, which of the following statements is FALSE?
A) Average fixed cost decreases as output decreases. 
B) The vertical gap between curves B and C equals marginal fixed cost. 
C) The vertical gap between curves B and C gets smaller as AFC decreases. 
D) Curve A is the marginal cost curve.

-In the Above Figure, Which of the Following Statements Is