In the short run, when the output of a firm increases, its average fixed cost

In the short run, when the output of a firm increases, its average fixed cost

Q. In the short run, when the output of a firm increases, its average fixed cost:

  1. Remains constant
  2. Decreases
  3. Increases
  4. First decreases and then rises

Answer: Decreases

Demand and Supply MCQs
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