English, asked by anju6970, 1 year ago

with an increase in production the average fixed cost

Answers

Answered by BrainlyKid
1
Hey there

With an increase in production of goods, the AFC that is Average fixed cost actually decreases.

What is AFC?

It is given by FC/Q. 

Here,

<> FC - Fixed cost of good's production, and it doesn't change mostly that's why is fixed.

<> Q - The total produced quantity.

Thanks

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rishilaugh: very nice answer
BrainlyKid: Tnq sir
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