Economics · Cost Concepts
In the short run, as the output of a firm increases, its Average Fixed Cost (AFC):
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1First declines then starts rising
- 2Remains constant
- 3Decreases continuously✓
- 4Increases continuously
Correct answer
Decreases continuously
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Cost Concepts MCQs →Want more practice questions on Cost Concepts?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Cost Concepts