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In the Short Run, When the Output of a Firm Increases, Its Average Fixed Cost: - Current Affairs Including General Knowledge

MCQ

In the short run, when the output of a firm increases, its average fixed cost:

Options

  • Remains constant

  • Decreases

  • Increases

  • First decreases and then rises

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Solution

Decreases

Concept: Economic Current Affair (Entrance Exam)
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