Business, 28.02.2020 04:49 krojas015

When a firm increased its output by one unit, its AFC decreased. This is an indication that Group of answer choices
the law of diminishing returns has taken effect.
MC < AFC.
AVC < AFC.
the firm is spreading out its total fixed cost.

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When a firm increased its output by one unit, its AFC decreased. This is an indication that Group of...

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