What is the shape of the average fixed cost (AFC) curve? Options: A . &nbspU-shape B . &nbspHorizontal up to a point and then rising C . &nbspSloping down towards the right D . &nbspRectangular hyperbola

What is the shape of the average fixed cost (AFC) curve?

Question

What is the shape of the average fixed cost (AFC) curve?

Options:

A . U-shape

B . Horizontal up to a point and then rising

C . Sloping down towards the right

D . Rectangular hyperbola

Answer: Option D

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