Economics · Microeconomics
The Average Fixed Cost (AFC) curve approaches but never touches the horizontal X-axis because:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Average Fixed Cost can never become zero✓
- 2Average Fixed Cost can never be negative
- 3Average Fixed Cost can never be less than one
- 4Total Fixed Cost continuously increases
Correct answer
Average Fixed Cost can never become zero
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