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    Microeconomics Study Set 44
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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    Diminishing Returns Are a Reason
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Diminishing Returns Are a Reason

Question 318

Question 318

Multiple Choice

Diminishing returns are a reason:


A) the marginal cost curve is downward-sloping.
B) fixed costs remain constant.
C) the marginal cost curve is upward-sloping.
D) the average fixed cost curve is downward-sloping.

Correct Answer:

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