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________: the change in total cost of production as the output or total product of the business is expanded.

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________: the change in total cost of production as the output or total product of the business is expanded.

Question 1.

________: specific form of current production costs that do not vary with the level of output or input use.

Question 2.

________: the change in total cost of production as the output or total product of the business is expanded.

Textbook

Introduction to Agricultural Economics

Edition: 7^th

Authors: Penson, Rosson, Woodward

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More solutions for this book are available here

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