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Average Fixed Cost Is Equal to

Question 194

Multiple Choice
Average fixed cost is equal to A)the amount of total cost that does not change as output changes in the short run. B)fixed cost divided by the quantity of output produced. C)fixed cost multiplied by the quantity of output produced. D)average total cost plus average variable cost.

Average fixed cost is equal to


A) the amount of total cost that does not change as output changes in the short run.
B) fixed cost divided by the quantity of output produced.
C) fixed cost multiplied by the quantity of output produced.
D) average total cost plus average variable cost.

Correct Answer:

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