As the level of output increases, the average fixed cost ...
As the level of output increases, the average fixed cost of a firm will
Continue to decrease
Remain unchanged
Continue to increase
Be equal to the total cost
Correct answer is A
No explanation has been provided for this answer.
The correct relationship between income (Y), consumption (C) and savings (S) is ...
The problem of small markets in West Africa can be solved through ...
A major limiting factor of mass production is ...
A major consideration in locating a cement factory is the availability of ...
In a socialist economy, the means of production is owned and controlled by the ...
Which of these factors does not cause a change in demand? ...
The movement of goods and services from the producers to the consumers is referred to as ...