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Business, 09.11.2019 11:31 Edwardwall

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

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As output increases, total variable cost:

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