Economics · Cost Curves
In the diagram, the Average Fixed Cost (AFC) curve does not touch the OX-axis because?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1AFC can never be zero✓
- 2AFC can never be negative
- 3AFC can never be less than 1
- 4None of the above
Correct answer
AFC can never be zero
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