Firm experiences diminishing returns after producing

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Reference no: EM13888385

David’s firm experiences diminishing returns after producing the 8th unit. The total cost curve associated with David’s firm after the 8th unit:

A. gets flatter as output increases.

B. gets steeper as output increases.

C. is constant for all ranges of output.

D. is unrelated to the production function.

Reference no: EM13888385

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