Question: Total variable costs: a. decrease as the level of output decreases. Ob. increase as the level of output increases. Oc. c. equal a variable

Total variable costs: a. decrease as the level of output decreases. Ob. increase as the level of output increases. Oc. c. equal a variable

Total variable costs: a. decrease as the level of output decreases. Ob. increase as the level of output increases. Oc. c. equal a variable rate x amount of output. Od. All of these choices are correct.

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