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As a Firm Produces More Units of a Good, Its

Question 204

Multiple Choice

As a firm produces more units of a good, its


A) fixed costs remain constant in the short run and its variable costs rise.
B) variable costs decline in the short run and its fixed costs rise.
C) fixed and variable costs remain constant in the short run.
D) variable costs remain constant in the short run and its fixed costs fall.
E) none of the above

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