As Output Increases, the Slope of the Curve Showing the Firm's

question 213

Multiple Choice

As output increases, the slope of the curve showing the firm's average fixed cost is

• A) first negative, then positive.
• B) first positive, then negative.
• C) always negative.
• D) always positive.

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Definitions:

Arachnida

A class of joint-legged invertebrate animals in the arthropod phylum, including spiders, scorpions, ticks, and mites.

Insecta

The class of arthropods that includes insects, characterized by a three-part body, compound eyes, antennae, and, typically, two pairs of wings.

Exoskeleton

An external skeleton, such as the shell of mollusks or outer covering of arthropods; provides protection and sites of attachment for muscles. Compare with endoskeleton.

Desiccation

The process of drying out or removing moisture.