Question:medium

Match the following correctly with their formulas: $$ \text{AFC} = \frac{\text{TFC}}{Q} $$ AFC stands for:

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The Average Fixed Cost curve never touches the x-axis or y-axis because Total Fixed Cost is never zero, and we cannot divide by a quantity of zero!
Updated On: May 13, 2026
  • Average Fixed Cost
  • Average Variable Cost
  • Marginal Cost
  • Average Revenue
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The Correct Option is A

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