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(Figure: Total Cost and Quantity of Output II) What Could

Question 69

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(Figure: Total Cost and Quantity of Output II) What could cause the movement from TC1 to TC2? (Figure: Total Cost and Quantity of Output II) What could cause the movement from TC<sub>1</sub> to TC<sub>2</sub>? A) a decrease in the firm's fixed costs of production B) economies of scale C) a technological change that increases the productivity of inputs D) an increase in input prices


A) a decrease in the firm's fixed costs of production
B) economies of scale
C) a technological change that increases the productivity of inputs
D) an increase in input prices

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