What short-run curve typically declines continuously as output expands?
A) marginal cost
B) average total cost
C) average variable cost
D) average fixed cost

Name: What short-run curve typically declines continuously as output expands? A) marginal cost B) average total cost C) average variable cost D) average fixed cost
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Question

Quizplus · Accepted Answer

Average fixed cost declines continuously as output expands because the total fixed costs are spread over an increasing number of units, reducing the cost per unit.

What Short-Run Curve Typically Declines Continuously as Output Expands