Plot the output against the AFC (average fixed cost). Put the output on the horizontal axis and the AFC on the vertical axis. What is the general shape of this function?

A. It is a hill-shaped function (goes up, peaks, then falls)

B. It is a valley-shaped function (goes down, bottoms out, then rises)

C. It is a horizontal line

D. It is an upward sloping function

E. It is a downward sloping function

Paste B IUV F ab x A v Styles Styles Dictate ND Pane QUESTION 1 QUESTION 2 Workers Output MP TVC TFC TC AFC AVC ATC MC 0 0 0 250 250 --- --- --- --- 10 10 20 250 270 25 1 260 10 2 30 20 40 250 290 8.33 1.33 290 1.5 65 35 60 250 310 3.85 .92 310 57 95 30 80 250 330 2.63 84 330 67 115 20 100 250 350 2.17 87 350 6 125 10 120 250 370 2 .96 370 2