Other Things Being Equal, If the Average Fixed Cost Curve

question 68

Multiple Choice

Other things being equal, if the average fixed cost curve shifts upward at all output levels

• A) the marginal cost curve shifts upward at all output levels.
• B) the average variable cost curve shifts upward at all output levels.
• C) the average total cost curve remains unchanged at all output levels.
• D) the vertical distance between the average total cost curve and the average variable cost curve increases at all output levels.

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Definitions:

Intradermal

Pertaining to the administration of a substance into the dermis layer of the skin.

Sites

Locations, either physical places or on the Internet, like websites, where specific activities occur.

Forearm

The part of the arm extending from the elbow to the wrist, consisting of two bones, the radius, and the ulna, along with muscles, nerves, and blood vessels.