contestada

in a graph showing the short-run cost curves, the one curve which declines continuously as we expand output is called

Respuesta :

The short-run cost curve that declines continuously as output is expanded is the average fixed cost curve.

What is the average fixed cost curve?

The average fixed cost curve is a curve that shows the relationship between output per unit and total output. Fixed cost is the cost that remains constant regardless of the level of output.  An example of fixed cost is rent. The average fixed cost curve continuously declines as output increases.

To learn more about fixed cost, please check: https://brainly.com/question/27127934

#SPJ1

Otras preguntas