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.
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The diagram above shows the effect of ...
The use of government revenue and expenditure to achieve set objectives is known as ...
Import substitution as a strategy of industrialization is the ...
When all factors input are reduced by half, the production possibility curve will shift ...
One of the major effects of an increase in government expenditure on a nation’s economy is tha...
Which of the following is the function of a central bank? ...