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The reason the change in total cost divided by the change in output is equal to the change in total ...

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The reason the change in total cost divided by the change in output is equal to the change in total ...

The reason the change in total cost divided by the change in output is equal to the change in total variable cost divided by the change in output, is because

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total variable cost rises as output rises.

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of the law of diminishing marginal returns.

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total fixed cost does not change as output changes.

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total cost does not change as output changes.

Textbook

Economics

Edition: 12^th

Author: Arnold

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ahgoebel

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More solutions for this book are available here

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Solved The change in total cost that results from a change in output is __________ cost.

shbensonjr Author

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Thanks for your help!!

lipop

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Correct

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