Multiple Choice
What is the fundamental reason that marginal cost eventually rises as output increases
A) economies of scale
B) diseconomies of scale
C) diminishing marginal product
D) rising average fixed cost
Correct Answer:

Verified
Correct Answer:
Verified
Q44: What does diminishing marginal product suggest<br>A)Additional units
Q45: Suppose adding another unit of labour leads
Q46: In the long run,what happens to inputs<br>A)Inputs
Q48: Figure 13-5<br>This figure depicts average total cost
Q50: When marginal cost exceeds average total cost,what
Q51: The fact that many decisions are fixed
Q52: If the marginal-cost curve is rising,so is
Q53: Figure 13-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1272/.jpg" alt="Figure 13-6
Q54: Table 13-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1272/.jpg" alt="Table 13-1
Q91: As a firm moves along its long-run