As Output Increases, Average Fixed Cost Gets Smaller and Smaller

question 11

True/False

As output increases, average fixed cost gets smaller and smaller.

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Definitions:

Processor

The central 32-bit or 64-bit electronic chip that determines the processing power of a computer. Also known as a microprocessor or central processing unit (CPU).

L1

A term commonly used to refer to the first level of cache memory in a computer’s processor, which is directly accessible by the CPU and designed for fast data retrieval.

Motherboard Component

An integral part of a computer’s system board, which houses the CPU, memory, and other essential connectors.

Expansion Slot

A motherboard socket into which adapters are connected.