Question: How will fixed costs and variable costs be affected by an increase in the level of output? Multiple choice question. Fixed costs will increase, while

How will fixed costs and variable costs be affected by an increase in the level of output?
Multiple choice question.
Fixed costs will increase, while variable costs will remain constant.
Both fixed costs and variable costs will decrease.
Fixed costs will remain constant, while variable costs will increase.
Both fixed costs and variable costs will increase.

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