As output increases, the slope of the curve showing the firm's ...

[jwb375]

As output increases, the slope of the curve showing the firm's average fixed cost is
 
  A) first negative, then positive.
  B) first positive, then negative.
  C) always negative.
  D) always positive.

Question 2

In the above figure, the competitive unregulated equilibrium is producing and consuming ________ tons of paper at a price of ________ per ton.
 
  A) 100; 150
  B) 100; 100
  C) 100; 50
  D) 200; 100

[covalentbond]

Answer to Question 1

C

Answer to Question 2

D