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A firm's ___________________ are costs that increase as quantity produced increases. These costs often show ___________________ illustrated by the increasingly steeper slope of the total cost curve.
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A firm's ___________________ are costs that increase as quantity produced increases. These costs often show ___________________ illustrated by the increasingly steeper slope of the total cost curve.

User Jazzybazz
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1 Answer

4 votes

Answer:

The question is incomplete.

Choose from the following;

a. variable costs; constant returns to scale

b. fixed costs; opportunity costs

c. fixed costs; technological changes

d. variable costs; diminishing marginal returns

The answer is d. variable costs; diminishing marginal returns

Step-by-step explanation:

User Memento Mori
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