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Why AFC slop downward and never …

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Why AFC slop downward and never intersect x axis

    • Posted by Chitranshi Sharma 6 years, 10 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Neha _ 6 years, 10 months ago

    Because total fixed cost is constant and when output increase AFC decrease (AFC =TFC/Output) so it is downward and TFC can never be zero so it never intersect x axis

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