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Suppose total fixed cost is positive. In graph depicting average fixed fixed cost, where costs are on the vertical axis, average fixed cost are always

Suppose total fixed cost is positive. In graph depicting average fixed fixed cost, where costs are on the vertical axis, average fixed cost are always

  1. Increasing in quantity
  2. Decreasing in quantity
  3. Constant
  4. U-Shaped in quantity
  5. None of the above

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