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4. How would (1) total variable cost, (2) total fixed cost, (3) unit variable cost, and (4) unit fixed cost change when a firm increases
4. How would (1) total variable cost, (2) total fixed cost, (3) unit variable cost, and (4) unit fixed cost change when a firm increases output (i.e., produce more units) within a relevant range? Please give an example when you explain your solution. Total Cost Unit Cost Variable Cost Higher/Lower/Same? Higher/Lower/Same? Higher/Lower/Same? Higher/Lower/Same? Fixed Cost
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