What does the average fixed cost curve look like? Why does it look so?

1.	What does the average fixed cost curve look like? Why does it look so?
Answer» The average fixed cost (AFC) curve looks like a Rectangular Hyperbola. It happens because same amount of fixed cost is divided by increasing output. As a result, AFC curve slope downwards and is rectangular hyperbola, i.e. area under AFC curve remains same at different Point.

Answer»

The average fixed cost (AFC) curve looks like a Rectangular Hyperbola. It happens because same amount of fixed cost is divided by increasing output. As a result, AFC curve slope downwards and is rectangular hyperbola, i.e. area under AFC curve remains same at different Point.

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What does the average fixed cost curve look like? Why does it look so?

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