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Production and cost — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsProduction and cost1 Mark
MCQ
Average fixed cost curve $......... ($Choose the correct alternative$)$
  • A
    Is a straight line parallel to $X-$axis.
  • B
    Is straight line parallel to $Y-$axis.
  • ✓
    Falls, as more units are produced.
  • D
    Rises, as more units are produced.
✓

Answer

Correct option: C.
Falls, as more units are produced.

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