If a Firm Uses a Fixed- Proportions Production Technology to Produce

Multiple Choice

If a firm uses a fixed- proportions production technology to produce its final output:

A) the AP of the variable factor is constant.
B) the cost curves are obtained in a similar fashion with the non- fixed- proportion technologies.
C) it will always employ the same amount of the variable factor.
D) the law of diminishing marginal productivity does not apply.