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

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

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

A.           Increase           

B.            Decrease

C.            Remains constant     

D.           First declines and then rises

Answer: Decrease

Demand and Supply MCQs
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