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The Marginal Cost Curve Slopes Downward at Low Outputs Because

Question 19

Multiple Choice

The marginal cost curve slopes downward at low outputs because of ________.The marginal cost curve eventually slopes upward because of ________.


A) greater specialization and division of labour;the law of diminishing returns
B) the law of diminishing returns;increasing average fixed cost
C) falling average fixed cost;the law of diminishing returns
D) the law of diminishing returns;greater specialization and division of labour
E) greater specialization and division of labour;rising average fixed cost

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