Average Fixed Costs Diminish Continuously as Output Increases

question 395

True/False

Average fixed costs diminish continuously as output increases.

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Definitions:

Bacteria

Microscopic, single-celled organisms found in diverse environments, some of which can cause diseases while others can be beneficial.

Viruses

Microscopic infectious agents that can only reproduce inside living cells, causing a range of diseases in humans, animals, and plants.

Lymphocytes

The white blood cells—including B cells and T cells—that are the key components of the immune system.

Antibodies

Proteins produced by the immune system to neutralize or destroy pathogens such as bacteria and viruses.