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Which of the following falls continuously as output expands?
Classroom
Economics Classroom
Jamb
Jamb 1999
Theory Of Costs And Revenue
The Concepts Of Cost
More Topics
Which of the following falls continuously as output expands?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Average fixed cost
B
Marginal cost
C
Average variable cost
D
Average cost
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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