Download App

Production and cost — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsProduction and cost1 Mark
Question
What is the behaviour of average fixed cost as output increases?
✓

Answer

AFC falls continuously.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Production and cost→Production and cost — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Show that AR = Price.
→
What are advertising costs?
→
Define total revenue.
→
What is the behaviour of Average Revenue in the market in which a firm can sell more only by lowering the price?
→
What is meant by central problem of an economy?
→
What is the shape of TR curve under perfect competition?
→
Define monopoly.
→
What is meant by 'market period?
→
How is the equilibrium price affected by decrease in supply?
→
How is TVC derived from MC?
→