As Production Increases,variable Costs Per Unit ____

question 79

Multiple Choice

As production increases,variable costs per unit ____.

• A) increase.
• B) decrease.
• C) stay the same.
• D) can not be predicted.

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Definitions:

Independent Variable

The variable in an experiment that is manipulated or controlled by the researcher to observe its effect on the dependent variable.

Field Experiment

An experiment that is conducted in a natural setting rather than in a laboratory setting.

Shopping Preferences

Individual choices or inclinations towards certain products, brands, or shopping environments.

External Validity

The ability to apply the outcomes of a research project to different environments and other persons.