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How as production increases within the relevant range

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Reference no: EM132546375

Question 1: As production increases within the relevant range,

a. variable costs will vary on a per unit basis.

b. variable costs will vary in total.

c. fixed costs will vary in total.

d. fixed and variable cost stay the same in total.

e. none of the other four answers is true.

Reference no: EM132546375

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