Which of the following short-run cost curves declines continuously?

CA Foundation · Business Economics · RTP · January 2026
Which of the following short-run cost curves declines continuously?
(A) A. Average total cost
(B) B. Marginal cost
(C) C. Average fixed cost
(D) D. Average variable cost

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Average fixed cost

Topics: Theory of Production and Cost

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