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    Microeconomics Study Set 2
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    Exam 11: Technology, Production, and Costs
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    Figure 11-4 -Refer to Figure 11-4.What Happens to the Average Fixed Cost
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Figure 11-4 -Refer to Figure 11-4.What Happens to the Average Fixed Cost

Question 32

Question 32

Multiple Choice

Figure 11-4
Figure 11-4    -Refer to Figure 11-4.What happens to the average fixed cost of production when the firm increases output from 150 to 200? A) It remains constant. B) It rises. C) It falls. D) It could rise or fall depending on what happens to total cost.
-Refer to Figure 11-4.What happens to the average fixed cost of production when the firm increases output from 150 to 200?


A) It remains constant.
B) It rises.
C) It falls.
D) It could rise or fall depending on what happens to total cost.

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