The Law of Increasing Marginal Costs States That

Multiple Choice

The law of increasing marginal costs states that

A) Ceteris paribus, as more and more of an activity are done; the additional costs of the activity tend to decrease.
B) Ceteris paribus, as more and more of an activity are done; the additional costs of the activity tend to increase.
C) Ceteris paribus, as more and more of an activity are done; the additional benefits of the activity tend to decrease.
D) Ceteris paribus, as more and more of an activity are done; the additional benefits of the activity tend to increase.