Question 0

A characteristic of the average fixed cost is that, it?

  • A.rises and falls faster than the marginal cost
  • B.is U-shaped and intersects the price axis
  • C.is always higher than the average variable cost
  • D.falls continuously but is never equal to zero
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1999
Question no.
#0
Type
Objective

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