Question

what is average fixed price​

Answer 1

In economics, average fixed cost is the fixed costs of production divided by the quantity of output produced. Fixed costs are those costs that must be incurred in fixed quantity regardless of the level of output produced. AFC={\frac {FC}{Q}}. Average fixed cost is fixed cost per unit of output. 

Answer 2

Answer:

The average fixed cost (AFC) is the fixed cost that does not change with the change in the number of goods and services produced by a company.

Explanation:

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