Start learning →

The vertical gap between the AC curve and the AVC curve equals what?

AAverage fixed cost
BMarginal cost
CTotal variable cost
DOpportunity cost
Answer & Solution
Correct answer: A. Average fixed cost
Since AC equals AVC plus AFC, the difference between them is AFC at each output.
Practise this question with Quill — CA Foundation →

Keep practising Production And Cost

Browse all Production And Cost questions for CA Foundation, or explore more Business Economics topics.

Start a Production And Cost lesson →
Related questions