Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:
If we multiply any value of output with its corresponding AFC, we always get a ________.
Options:
Constant
Variable
Semi variable
Can’t say
Correct Answer:
Constant
Explanation:
If we multiply any value of output with its corresponding AFC, we always get TFC which is a constant.