Average costs curves initially fall
Due to declining average fixed costs
Due to rising average fixed costs
Due to declining marginal costs
Due to rising marginal costs
Thank you for the opportunity to help you with your question!
Average costs curve will initially fall due to decline in average fixed costs.
Fixed cost have a great impact on overal costs and a slight change will be easily identified.
Content will be erased after question is completed.
Enter the email address associated with your account, and we will email you a link to reset your password.
Forgot your password?