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    Principles of Microeconomics
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    Exam 8: Short-Run Costs and Output Decisions
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    In the Short Run When the Marginal Product of Labor
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In the Short Run When the Marginal Product of Labor

Question 384

Question 384

Multiple Choice

In the short run when the marginal product of labor ________, the marginal cost of an additional unit of output ________.


A) rises; rises
B) falls; rises
C) rises; doesn't change
D) falls; falls

Correct Answer:

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