Average fixed costs will
A) rise as output rises.
B) fall then rise as output rises.
C) rise then fall as output rises.
D) fall as output rises.

Name: Average fixed costs will A) rise as output rises. B) fall then rise as output rises. C) rise then fall as output rises. D) fall as output rises.
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Question

Quizplus · Accepted Answer

Average fixed costs will always decrease as output rises, since fixed costs are spread over more units of output.

Average Fixed Costs Will