The Average Fixed Cost Curve Always Has a Negative Slope

question 14

Multiple Choice

The average fixed cost curve always has a negative slope because:

• A)marginal costs are below average fixed costs.
• B)average variable costs exceed marginal costs.
• C)total fixed costs always decrease.
• D)total fixed costs do not change as output increases.

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Definitions:

Proximodistal Growth

A pattern of development in which growth starts at the center of the body and moves towards the extremities.

Limbs

The appendages of the human or animal body used for movement, such as arms and legs.

Childhood Obesity

A medical condition wherein a child is significantly overweight for his or her age and height, leading to potential health risks and complications.

Rapid

Moving or happening quickly or in a short time span; characterized by speed.