Average fixed cost is
...Average fixed cost is
Average total cost less the sum of average variable cost
Half the sum of all costs
Total fixed cost divided by the level of output
Total fixed cost plus marginal cost
Correct answer is C
No explanation has been provided for this answer.
Buying and selling of shares is a function performed mostly by the ...
In the long-run, a firm must shut down if its average revenue is ...
A type of unemployment which occurs due to technological progress is called ...
A commodity is described as inferior when the ...
The economic term used to refer to human wants, desires or needs is known as? ...
Given an output of 3 units, the average is ...
In order to calculate total utility (TU) from given levels of marginal utility (MU), one has to ...
The international production set for Nigeria and Austria is: \(\begin{array}{c|c} Products &...
In a public corporation, the risks of business are borne by the ...