Question

A firm's ___________________ are costs that increase as quantity produced increases. These costs often show ___________________ illustrated by the increasingly steeper slope of the total cost curve.

Answer 1

The question is incomplete.

Choose from the following;

a. variable costs; constant returns to scale

b. fixed costs; opportunity costs

c. fixed costs; technological changes

d. variable costs; diminishing marginal returns

The answer is d. variable costs; diminishing marginal returns

Step-by-step explanation: