In the short run it is impossible for an expansion of output to increase
A)average total cost.
B)average fixed cost.
C)marginal cost.
D)average variable cost.

Name: In the short run it is impossible for an expansion of output to increase A)average total cost. B)average fixed cost. C)marginal cost. D)average variable cost.
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Question

Quizplus · Accepted Answer

In the short run, average fixed cost decreases as output increases because fixed costs are spread over more units of output.

In the Short Run It Is Impossible for an Expansion