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In a graph showing the short-run cost curves, the one curve which declines continuously as we expand output is called O A. the average fixed cost curve. O B. the marginal cost curve. OC. the average total cost curve. O D. the average variable cost curve.
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A. It is average fixed cost curve which declines continuously as the producer expands its output. AFC is the only cost curve which is downward sloping whereas, other curves such as MC, AC and ATC are u shaped. Fixed cost is incurred initially such as capital incurred in terms of machinery which is initially high. However as the production increases the production cost decrease due to high production of goods.

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