This is a simple enough question to answer, Fixed cost is defined as the cost invariant of output, i.e. cost that doesnot change as output increases, i.e. constant. So if you divide a constant by output as a variable, as output increases Average Fixed Costs drop.
true because it is still supply and demand downward sloping
Yes,it's always downward sloping
downward sloping
A downward sloping demand curve in economics signifies that as the price of a good or service decreases, the quantity demanded by consumers increases.
downward sloping
true because it is still supply and demand downward sloping
Yes,it's always downward sloping
PPC curve slopes downward for the efficient resouress of another commidty
downward sloping
A downward sloping demand curve in economics signifies that as the price of a good or service decreases, the quantity demanded by consumers increases.
downward sloping
The demand curve for labor is downward sloping because as the wage rate decreases, employers are willing to hire more workers to save on costs and increase production.
The demand curve faced by a pure monopolist is of downward sloping in shape.
The demand curve is downward sloping because as the price of a good or service decreases, consumers are willing and able to buy more of it. This relationship between price and quantity demanded is known as the law of demand.
Usually market demand curves are downward sloping.
Usually market demand curves are downward sloping.
The law of supply predicts the supply curve will be upward sloping.