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    Economics Canada
  4. Exam
    Exam 11: Output and Costs
  5. Question
    The Average Fixed Cost Curve Slopes Downward Due to
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The Average Fixed Cost Curve Slopes Downward Due to

Question 108

Question 108

Multiple Choice

The average fixed cost curve slopes downward due to


A) diminishing marginal utility.
B) diminishing marginal returns.
C) technological inefficiency.
D) economic inefficiency.
E) none of the above.

Correct Answer:

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