Question : 11) The total variable cost curve ________ because ________ as : 1226137
11) The total variable cost curve ________ because ________ as output increases. A) slopes upward; variable cost increases B) slopes upward; marginal cost increases C) slopes downward; variable cost increases D) slopes downward; marginal cost increases E) is horizontal; fixed cost does not change 12) Marginal cost equals A) total cost minus total variable cost. B) total fixed cost divided by total output. […]