CUET Economics - Which of the following statements reflect average fixed cost? A. Its curve is 'U' shaped and at zero level of output, it is undefined. B. When output is very close to zero, it is arbitrarily large, and as output moves towards infinity, it moves towards zero. C. In the short run, it cannot be changed. D. A rectangular hyperbola shaped curve whose value decreases with increase in output. Choose the correct answer from the options given below: | PYQs + Solutions | AfterBoards