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10 August, 03:32

As output increases, total variable cost:

a. increases at a decreasing rate and then at an increasing rate.

b. increases continuously at a decreasing rate.

c. increases more rapidly than does total cost.

d. increases at a constant rate.

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Answers (2)
  1. 10 August, 05:27
    0
    A.

    It increases as the output increases
  2. 10 August, 07:21
    0
    increases at a constant rate, output directly impacts variable cost which impacts total cost.
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