Multiple Choice
As the marginal physical product of U.S. workers _________________, the marginal cost of goods produced in the U.S. ______________ and unit costs _____________. This makes American goods ________________ competitive in the global marketplace.
A) rises; falls; fall; less
B) falls; falls; fall; more
C) rises; falls; fall; more
D) rises; fall; falls; more
Correct Answer:

Verified
Correct Answer:
Verified
Q176: Using social media, unlike traditionalmedia, people can
Q177: Exhibit 21-3<br><br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 21-3
Q178: Exhibit 21-13<br><br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 21-13
Q179: Exhibit 21-5<br><br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 21-5
Q180: Average fixed cost<br>A)is greater at lower levels
Q182: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt=" -Refer to Situation
Q183: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt=" -Refer to Situation
Q184: If a firm earns normal profit, then
Q185: Unit cost refers to<br>A)average variable cost.<br>B)average fixed
Q186: Exhibit 21-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 21-1