Solved

If You Were Asked to Draw a Graph That Showed

Question 99

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions