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  3. Study Set
    Economic Principles
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    Exam 11: The Cost of Doing Business
  5. Question
    According to _____, Marginal Cost Increases as Output Rises
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According to _____, Marginal Cost Increases as Output Rises

Question 121

Question 121

Multiple Choice

According to _____, marginal cost increases as output rises.


A) the labor theory
B) marginal physical product
C) the law of increasing returns
D) the law of diminishing returns

Correct Answer:

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