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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Home » Business » 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.