When a firm produces an information product the initial or fixed costs are ▼ unpredictable low or high high low . consequently the average fixed cost and average total cost ▼ increase change are constant decrease as the volume of output increases. since most of the costs are the initial fixed costs of development, once the product is developed, the ▼ total marginal average cost of producing more units of the product are typically low and ▼ constant decreasing increasing . in this case, then, the low and constant marginal cost is ▼ equal to below above the average cost. if the firm set the price, or average revenue, of the product equal to the marginal cost, the firm would have ▼ economic profits economic losses normal profits since the marginal cost is ▼ less than equal to greater than the average cost?