True with respect to total variable costs

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Reference no: EM131262367

Which of the following statements is TRUE with respect to total variable costs?

a. They will decrease as production increases within the relevant range

b. They will remain the same as production levels change within the relevant range

c. They will decrease as production decreases within the relevant range

d. They will increase as production decreases within the relevant range

Reference no: EM131262367

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