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In the Short Run

Question 277

Multiple Choice

In the short run,


A) TVC will increase for a time at a diminishing rate, but then beyond some point will increase at an increasing rate.
B) TVC will increase for a time at an increasing rate, but then beyond some point will increase at a diminishing rate.
C) TVC will increase by the same absolute amount for each additional unit of output produced.
D) one cannot generalize concerning the behavior of TVC as output increases.

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