Average fixed cost equals
A) total cost divided by output.
B) total cost minus total variable cost.
C) average total cost plus average variable cost.
D) total fixed cost minus total variable cost.
E) total fixed cost divided by output.
Correct Answer:
Verified
Q55: As output increases,average variable cost first declines
Q56: In the short run,when output is zero,_
Q57: After some point,each additional unit of output
Q58: The next question is based on the
Q59: A rising marginal cost curve reflects a
Q61: Difficulties in coordinating and transmitting information in
Q62: A rising marginal cost curve intersects the
A)
Q63: The following question are based on the
Q64: The experience of 1971 price ceilings on
Q65: The change in total variable cost for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents