Question: Question 6 (1 point) Fixed, Variable and Total Cost Curves $160 $140 $120 -Fixed Cost $100 -Variable FC, TVC and TC(Cost Curves) Cost Total Cost

Question 6 (1 point) Fixed, Variable and Total Cost Curves $160 $140 $120 -Fixed Cost $100 -Variable FC, TVC and TC(Cost Curves) Cost Total Cost 0 10 25 45 60 70 Output(Q) Refer to the graph above. As a firm produces more output of a good, its O fixed costs remain constant and its variable costs rise. fixed and variable costs remain constant in the short run. variable costs remain constant in the short run and its fixed costs fall. variable costs decline in the short run and its fixed costs rise

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