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Which of the following is a true statement? a. As production decreases, fixed cost per unit increases. b. As production decreases, variable cost per unit
Which of the following is a true statement?
a. As production decreases, fixed cost per unit increases.
b. As production decreases, variable cost per unit decreases.
c. As production increases, fixed cost per unit stays the same.
d. As production increases, total variable costs stay the same
e. As production increases, variable cost per unit increases.
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