Question

what is the meaning of avuage fixed Cost ? give example

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Answer 1

Answer:

In economics, average fixed cost (AFC) is thefixed costs of production (FC) divided by the quantity (Q) of output produced. Fixed costs are those costs that must be incurred in fixed quantity regardless of the level of output produced.

Answer 2

Answer:

hope this helps you :)

Explanation:

In economics, average fixed cost (AFC) is the fixed costs of production (FC) divided by the quantity (Q) of output produced. Fixed costs are those costs that must be incurred in fixed quantity regardless of the level of output produced.