Which of the Following Always Decreases When Output Increases

question 21

Multiple Choice

Which of the following always decreases when output increases?

• A) total fixed cost
• B) marginal cost
• C) average variable cost
• D) average fixed cost
• E) total cost

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Definitions:

Research Project

A systematic scientific endeavor to discover new information or understandings, apply new methods, or test theories, which often involves careful planning, data collection, and analysis.

Quantitative Research

A research method focused on gathering numerical data and performing statistical, mathematical, or computational techniques.

Essence

The intrinsic, fundamental nature or most important quality of something or someone.

Triangulation

A method used in research to cross-validate data through the use of multiple sources, methods, or investigators to enhance accuracy.