As Output Increases, Average Fixed Costs

question 70

Multiple Choice

As output increases, average fixed costs

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

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Definitions:

Internalization

The process of integrating beliefs, attitudes, or behaviors into one's own value system or way of being.

Instrumental Morality

A stage in moral development where individuals base their moral decisions on the rewards or consequences of actions, often seen in children.

Good-child Morality

A stage in moral development where behavior is guided by seeking approval and maintaining good relations with others.

Moral Reasoning

The process of determining right from wrong in a situation based on personal values, societal norms, and ethical principles.