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Which of the following are true about cost behavior within a particular relevant range? (Check all that apply.) The slope of total variable costs is
Which of the following are true about cost behavior within a particular relevant range? (Check all that apply.)
The slope of total variable costs is positive over increasing levels of production.
Variable costs per unit decrease as a company produces more units of production.
Fixed costs per unit increases as a company produces less units of production.
Total fixed cost is constant over all units of production.
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