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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 7: Production and Cost in the Firm
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    As Output Rises, Marginal Product Eventually Diminishes and
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As Output Rises, Marginal Product Eventually Diminishes and

Question 176

Question 176

Multiple Choice

As output rises, marginal product eventually diminishes and


A) marginal cost increases
B) average cost falls
C) total cost falls
D) fixed cost is increasing
E) average product is negative

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