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Earn +20 ptsQ: What is AFC of a firm?
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When a firm experiences increasing returns to scale its?
AFC will decrease
When a firm increased its output by one unit its AFC decreased This indicates what?
mc=ac
What happens to the difference between ATC and AVC as a firm's output expands?
The difference narrows. ATC is the sum of AVC and AFC.. Since AFC declines steadily as output rises, the difference between ATC and AVC must narrow steadily.
What are the names of the divisions in the NFL?
AFC- AFC east, AFC west, AFC north, AFC south NFC- NFC east, NFC west, NFC north, NFC south
Is Tennessee Titans NFC or AFC?
AFC.
What conference are the jets in?
AFC
As output rises AFC rises?
AFC falls
Are the New York Jets in the NFC or the AFC?
AFC
Are the Kansas City Chiefs AFC of NFC?
Afc
Are the Green Bay Packers in the AFC or NFC?
The Cowboys are in the NFC East.
Are the Pittsburgh Steelers an AFC west south north or east team?
The Steelers are an AFC North team.
Are the Pittsburgh Steelers an AFC team?
Yes. They are in the AFC North.
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