Question: 9. TRUE or FALSE Total Variable costs depend on the firm's level of output. 24-When a firm increases its inputs or variable resources by 20%

9. TRUE or FALSE Total Variable costs depend on the firm's level of output.

24-When a firm increases its inputs or variable resources by 20% and its output rises by 15%, it is said to be experiencing:

A. average returns to scale.

B. economies of scale.

C. diseconomies of scale.

D. constant returns to scale

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