Multiple Choice
When a firm is experiencing decreasing marginal costs,it implies
A) marginal productivity is decreasing
B) workers are getting more unproductive
C) a constant marginal productivity
D) increasing marginal productivity
Correct Answer:
Verified
Correct Answer:
Verified
Q53: A firm could experience diseconomies of scale
Q54: If marginal costs fall below average cost,average
Q55: Expansion<br>Your firm prints the novelty baseball cards
Q56: Ceramics<br>The ArtHaus by Antonia continually introduces new
Q57: Diseconomies of scale are also known as<br>A)Increasing
Q58: A falling average cost implies that<br>A)marginal cost
Q59: When a firm's marginal productivity declines as
Q60: All of these could be sources of
Q61: Which one of the statements is true?<br>A)Diminishing
Q63: Which of the following is true<br>A)Increasing output