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Multiple Select Question

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Which of the following statements are true regarding fixed and variable costs?

Fixed costs per unit will decrease while variable costs per unit will stay constant if the level of output increases.

Fixed costs per unit and variable costs per unit will increase if the level of output increases.

Total fixed costs remain constant while total variable costs increase if the level of output increases.

Both the fixed costs per unit and the variable costs per unit will decrease as the level of output increases.

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