An increase in production in the short run definitely results in an increase in
A)Average total costs.
B)Marginal costs.
C)Total costs.
D)Average fixed costs.

Name: An increase in production in the short run definitely results in an increase in A)Average total costs. B)Marginal costs. C)Total costs. D)Average fixed costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An increase in production in the short run definitely results in an increase in total costs, as more resources are consumed to produce additional units.

An Increase in Production in the Short Run Definitely Results