Economy, asked by NayaKumar, 1 year ago

What does the average fixed cost curve look like? Why does it look so?

NCERT Class XII
Economics - Introductory Microeconomics

Chapter 3. Production and Costs

Answers

Answered by sowmyasreemajj

5

The average fixed cost curve is a rectangular hyperbola.Because TFC is constant at all levels of output.

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