How does the average cost curve behave as production increases?
A. Goes on decreasing positively
B. Falls, remains constant and then rises
C. Rises, remains constant and then falls
D. Remains parallel to X-axis and then falls
Answer:B
How does the average cost curve behave as production increases?
A. Goes on decreasing positively B. Falls, remains constant and then rises C. Rises, remains constant and then falls D. Remains parallel to X-axis and then falls