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Figure 7.4 -Refer to Figure 7.4.What Happens to the Average Fixed Cost

Question 30

Multiple Choice

Figure 7.4 Figure 7.4 -Refer to Figure 7.4.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 7.4.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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