Solved

If the Fixed Cost of Producing a Good Is Very

Question 135

Multiple Choice

If the fixed cost of producing a good is very high,but the marginal cost is low and constant,then the average total cost will


A) increase as more units are produced.
B) decrease as more units are produced.
C) first decrease and then increase as more units are produced.
D) not change as more units are produced.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents