What is the behaviour of Average Fixed Cost as output increases?

What is the behaviour of Average Fixed Cost as output increases?

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

Average fixed cost (AFC) continuously decreases as output increases. But it is never reduced to zero.

4 views Answered 2023-02-05 15:29

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