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Exhibit 8-5 -If Average Fixed Cost Is Falling with Increasing Output, Then

Question 109

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Exhibit 8-5 Exhibit 8-5 -If average fixed cost is falling with increasing output, then A) marginal cost must be increasing. B) average total cost must be decreasing. C) average variable cost must be decreasing. D) total fixed cost must be constant. E) marginal cost must be decreasing.
-If average fixed cost is falling with increasing output, then


A) marginal cost must be increasing.
B) average total cost must be decreasing.
C) average variable cost must be decreasing.
D) total fixed cost must be constant.
E) marginal cost must be decreasing.

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