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Question: A firm's _____ are costs that increases as quantity produced increases. These costs often show __...

Show transcribed image text A firm's _____ are costs that increases as quantity produced increases. These costs often show ___ illustrated by the increasingly steeper slope of the total cost curve. variable costs; constant returns to scale fixed costs; opportunity costs variable costs; diminishing marginal returns fixed costs; technological changes A firm's ____ are costs that are incurred even if there is no output. In the short run, these costs ____ as production increases. fixed costs; do not change variable costs; increase fixed costs; increase variable costs; do not change

A firm's _____ are costs that increases as quantity produced increases. These costs often show ___ illustrated by the increasingly steeper slope of the total cost curve. variable costs; constant returns to scale fixed costs; opportunity costs variable costs; diminishing marginal returns fixed costs; technological changes A firm's ____ are costs that are incurred even if there is no output. In the short run, these costs ____ as production increases. fixed costs; do not change variable costs; increase fixed costs; increase variable costs; do not change