Average Fixed Cost

question 91

Multiple Choice

Average fixed cost

• A)increases as output increases.
• B)decreases as output increases.
• C)increases if marginal cost is increasing.
• D)increases if marginal cost is greater than average fixed cost.

---

Definitions:

Water Meter

A device that measures the amount of water usage in residential, commercial, or industrial properties to bill the consumers accordingly.

Leaving A Card

A phrase typically used in social contexts, implying the act of making one's presence or visit known through a physical or symbolic gesture.

Repeated Telephone Calls

The act of making multiple consecutive phone calls often to the same recipient, which can range from benign to harassing behavior.

Posing As A Sales Person

This act involves impersonating a salesperson to gain trust or access to individuals or information, often for deceptive purposes.