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The following cost information shows that as production increases, Quantity produced/dayTotal Cost0$2,0001$2,5002$2,8003$3,3004$4,1005$5,3006$7,000 Select one: a.marginal cost falls. b.Total cost is increasing slower and slower. c.average

The following cost information shows that as production increases,

Quantity produced/dayTotal Cost0$2,0001$2,5002$2,8003$3,3004$4,1005$5,3006$7,000

Select one:

a.marginal cost falls.

b.Total cost is increasing slower and slower.

c.average total cost decreases and then increases.

d.average fixed cost increases.

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