30.The shape of the average fixed cost curve is:  A. U' shape  B. Horizontal  C. Vertical  D. Rectangular hyperbola

Which of the following cost curve is never 'U' shaped?  A. Average cost curve  B. Marginal cost curve  C. Average variable cost curve  D. Average fixed cost curve

The average fixed cost curve:Multiple choice question.decreases for all levels of output.increases for low levels of output, then begins to decrease as output increases.increases for all levels of output.decreases for low levels of output, then begins to increase as output increases.

Average fixed cost:Group of answer choicesmay be found for any output by adding average variable cost and average total cost.declines so long as output increases.is intersected by marginal cost at its minimum point.graphs as a U-shaped curve.

When it produces 100 units, a firm’s total variable cost is $300 and its total fixed cost is $2700. What is the average cost?1 point$3$24$27$30

Suppose a monopolist faces a market demand curve of the form: P = 122 – 0.2Q. This monopolist has a total cost curve given by: TC = 2Q. If the government were to regulate this monopolist and require them to charge a price equal to average cost, this price would be equal to $_____, and the monopolist would make a profit of $______.Group of answer choices2; 36,000.0; 0.2; 0.61; 17,995.62; 18,000.