Home » Economics » Which of the following falls continuously as output expands?Which of the following falls continuously as output expands? Which of the following falls continuously as output expands? A. Average fixed cost B. Marginal cost C. Average variable cost D. Average cost Correct Answer: Option D Explanation Related Posts Which of the following is a direct tax? proportional tax refers to Inferior goods are referred to in Economics as goods Gresham’s law in Economics shows that? Which of the following is NOT include in measuring national income by the income approach? Both in the short run and in the long run, a firm maximizes its profits…
