The table displays a firm’s total fixed cost and total variable cost. What conclusion can be drawn from the table?
- AAverage fixed cost falls.
- BAverage fixed cost is constant.
- CAverage variable cost falls.
- DAverage variable cost rises.
Economics 9708 · AS & A Level · 7.5
The table displays a firm’s total fixed cost and total variable cost. What conclusion can be drawn from the table?