Economy, asked by farzinnahor, 1 year ago

show that the average fixed cost curve is a rectangular hyperbola

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Answered by anjali39293

A related curve is the marginal cost curve. The average fixed cost curve is negatively sloped. Average fixed cost is relatively high at small quantities of output, then declines as production increases. ... For the geometrically inclined, this average fixed cost curve is a rectangular hyperbola.

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