A characteristic of the average fixed cost is that, it?

A characteristic of the average fixed cost is that, it?
  • A.
    rises and falls faster than the marginal cost
  • B.
    is U-shaped and intersects the price axis
  • C.
    is always higher than the average variable cost
  • D.
    falls continuously but is never equal to zero
Correct Answer: Option D
Explanation
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