Economics · Economics
In the following 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.
- 3None of the above.
- 4AFC can never be less than 1.
Correct answer
AFC can never be zero.
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