Solved

To a Firm Facing Constant Input Prices,increasing Marginal Returns _____

Question 131

Multiple Choice

To a firm facing constant input prices,increasing marginal returns _____


A) mean that each additional unit of output costs more to produce than the previous unit.
B) mean that the marginal product of the variable input decreases as more of the input is used.
C) can occur due to the specialization and division of labor.
D) usually occur at very high rates of output.
E) can never occur.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions