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Assume that a firm's total cost of producing an output of 1,000 units is currently $20,000. If output increases to 2,000 units, total cost increases

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Assume that a firm's total cost of producing an output of 1,000 units is currently $20,000. If output increases to 2,000 units, total cost increases to $40,000 and the price of inputs and technology remain unchanged, calculate the change in average total cost. O a Decrease of $20 O b. No change OcIncrease of $40 Od. Increase of $20

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