Question

Fill in the blanks to complete the passage about why firms do not always increase their

production.
Drag word(s) below to fill in the blank(s) in the passage.
Firms use cost data to make decisions about how many units to produce based on their costs.
Increasing production may not always lead to an increase in profit. Increasing production will cause a
firm's costs to increase, which could outweigh any benefits that were previously gained by
lowering their overhead-which is determined by their costs in the short run.
fixed and variable
variable
fixed
average fixed

Answer 1

fixed and variable, variable, average fixed

Step-by-step explanation: