The _____ cost curve continually declines as more quantity is produced in the short run.
A)marginal
B)variable
C)fixed
D)average

Name: The _____ cost curve continually declines as more quantity is produced in the short run. A)marginal B)variable C)fixed D)average
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Question

Quizplus · Accepted Answer

Fixed costs do not change with the quantity of output produced, so the average fixed cost curve declines as more quantity is produced because the fixed cost is spread over more units.

The _____ Cost Curve Continually Declines as More Quantity Is