Average fixed cost curve touches the Y-axis because at zero output, average fixed cost is zero.

Average fixed cost curve touches the Y-axis because at zero output, av

1.	Average fixed cost curve touches the Y-axis because at zero output, average fixed cost is zero.
Answer» <html><body><p></p>Solution :False. Average fixed cost can never touch the Y-axis because at <a href="https://interviewquestions.tuteehub.com/tag/zero-751093" style="font-weight:bold;" target="_blank" title="Click to know more about ZERO">ZERO</a> output, it is infinite. AFC=<a href="https://interviewquestions.tuteehub.com/tag/tfc-659819" style="font-weight:bold;" target="_blank" title="Click to know more about TFC">TFC</a>/Output so, TFC is a <a href="https://interviewquestions.tuteehub.com/tag/positive-1159908" style="font-weight:bold;" target="_blank" title="Click to know more about POSITIVE">POSITIVE</a> <a href="https://interviewquestions.tuteehub.com/tag/value-1442530" style="font-weight:bold;" target="_blank" title="Click to know more about VALUE">VALUE</a> at zero output and any positive value divided by zero will provide infinite value.</body></html>