Multiple Choice
If you were asked to draw a graph that showed the total fixed costs (vertical axis) for various levels of output (horizontal axis) , you would draw a line/curve that
A) increased with a slope equal to the average fixed cost
B) decreased with a slope equal to the average fixed cost
C) increases for a while and then decreases
D) decreases for a while and then increases
E) had a slope of zero
Correct Answer:

Verified
Correct Answer:
Verified
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