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    Microeconomics Study Set 34
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    Exam 13: Producer Choices and Constraints
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    By Using More Labour to Produce More Output, a Firm
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By Using More Labour to Produce More Output, a Firm

Question 125

Question 125

Multiple Choice

By using more labour to produce more output, a firm can always reduce its


A) average fixed cost.
B) marginal cost.
C) average total cost.
D) average variable cost.

Correct Answer:

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