Marginal Fixed Cost

question 46

Multiple Choice

Marginal fixed cost:

• A)is a positive constant irrespective of output level.
• B)declines as output is increased because a fixed numerator is divided by an ever-growing denominator.
• C)generally increases as output is increased.
• D)is equal to average variable cost and average total cost at their minimum points.
• E)is always equal to zero and is therefore ignored by economists.

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