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    Managerial Economics Study Set 1
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    Exam 5: Production and Cost
  5. Question
    If the Price of a Variable Input Increases,then
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If the Price of a Variable Input Increases,then

Question 39

Question 39

Multiple Choice

If the price of a variable input increases,then


A) the total cost curve will shift up.
B) the average total cost curve will shift down.
C) the marginal cost curve will shift down.
D) the fixed cost curve will shift up.

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