Homework answers / question archive / As the level of production increases in the short-run, the Average Variable Cost (AVC) _________________________ and the Average Fixed Cost (AFC) curve _________________________

As the level of production increases in the short-run, the Average Variable Cost (AVC) _________________________ and the Average Fixed Cost (AFC) curve _________________________

Accounting

Share With

As the level of production increases in the short-run, the Average Variable Cost (AVC) _________________________ and the Average Fixed Cost (AFC) curve _________________________.

A. Increases continuously; first decreases and then increases.

B. First decreases and then increases; decreases continuously.

C. First decreases and then increases; increases continuously.

D. Decreases continuously; decreases continuously.

E. Increases continuously; decreases continuously.