Question

A firm's are costs that increase as quantity produced increases. These costs often show illustrated by the increasingly steeper slope of the total cost curve. O variable costs; diminishing marginal returns O variable costs; constant returns to scale O fixed costs; technological changes O fixed costs, opportunity costs

Answer 1

Variable prices, decreasing marginal returns Variable value refers to those values that modify with a modification within the volume of output. mounted prices don't modify with a rise or decrease in production levels, therefore the same price is displayed over a lot of units of output with inflated production.

Variable prices see prices that modify with varying levels of output. Therefore, variable prices can increase once a lot of units are made.

It is that the variation in cost that happens within the total cost once an additional unit is added to the number made. It is, therefore, the price that's incurred once an additional unit is made. Total variable prices (TVC) can increase as output will increase. Plotting this provides U.S.A. The total value, Total Variable value, and Total fixed charge.

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