Which of the Following Statements About Average Costs Is False

question 82

Multiple Choice

Which of the following statements about average costs is false?

• A)The difference between average total cost and average variable cost does not change as output increases.
• B)Average fixed cost decreases as output increases.
• C)Average variable cost first decreases and then increases as output increases.
• D)Average total cost first decreases and then increases as output increases.
• E)The difference between average total cost and average variable cost is average fixed cost.