As Output Increases, Average Fixed Costs

question 272

Multiple Choice

As output increases, average fixed costs

• A) decrease.
• B) initially decrease and then increase.
• C) remain constant.
• D) increase.

---

Definitions:

Cultural Diffusion

The transfer of inventions, knowledge, and ideas from one culture to another.

Geographic Isolation

A term in biology and ecology referring to populations of organisms that are physically separated by geographical barriers such as mountains or oceans, leading to genetic divergence and potentially speciation.

Modes of Transportation

Different methods or means by which people and goods can be moved from one place to another, including walking, cycling, driving, and public transit.

Growth Motive

An intrinsic drive in individuals aiming for personal improvement, mastery of skills, and self-actualization.