What is the shape of the average fixed cost (AFC) curve?

What is the shape of the average fixed cost (AFC) curve?

Q.     What is the shape of the average fixed cost (AFC) curve?

A.           U-shape           

B.            Horizontal upto a point and then rising

C.            Sloping down towards the right     

D.           Rectangular hyperbola

Answer: Rectangular hyperbola

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