As output increases over the short run, you would expect total cost to:

Name: As output increases over the short run, you would expect total cost to:
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In the short run, as output increases, total cost typically increases slowly at first due to efficiencies and then more rapidly due to the law of diminishing returns. This means that as more units of output are produced, the cost of producing each additional unit increases.

As Output Increases Over the Short Run, You Would Expect