As Output Rises,average Fixed Cost _________

question 29

Short Answer

As output rises,average fixed cost _________.

---

Definitions:

Identical in Every Jurisdiction

A statement indicating that a legal principle or rule applies uniformly across all legal jurisdictions, though this is relatively rare due to variations in laws.

Assignee

An individual or entity to whom rights or interests have been transferred by another, often used in the context of contracts or legal claims.

Notify

To inform someone about something; to give notice.

Obligor

An individual or organization that is legally required to deliver a payment or service to another party as stipulated by a contract.