Average fixed cost is measured by
A) AVC + ATC
B) TFC/TC
C) AVC - ATC
D) TFC/Q
E) TC - VC

Name: Average fixed cost is measured by A) AVC + ATC B) TFC/TC C) AVC - ATC D) TFC/Q E) TC - VC
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Question

Quizplus · Accepted Answer

Average Fixed Cost (AFC) is calculated by dividing Total Fixed Cost (TFC) by the quantity of output (Q), which is represented by option D.

Average Fixed Cost Is Measured by