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For Each of the Following Statements,fill in the Blank with Either

Question 86

Essay

For each of the following statements,fill in the blank with either the word increase,decrease,or stay the same.
a.As production increases,total fixed costs ______________.
b.As production increases,fixed costs per unit _____________.
c.As production decreases,variable costs per unit _____________.
d.As production decreases,total variable costs _______________.

Correct Answer:

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a.
As production increases,total fixed c...

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