English, asked by shifali914, 12 days ago

how does AFC change at out put increase ?

Answers

Answered by spbankingandsscserie

Answer:

The AFC curve is downward sloping because the fixed costs are spread over output. As output increases, the AFC decreases. Marginal cost is a reflection of marginal product and diminishing returns. When diminishing returns begin, the marginal cost will begin its rise.

Answered by kinghacker

Explanation:

AFC change as output increases AFC will decrease

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