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    Microeconomics Theory and Applications Study Set 2
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    Exam 8: The Cost of Production
  5. Question
    In the Short Run,a Firm's Marginal Cost Rises Because Of
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In the Short Run,a Firm's Marginal Cost Rises Because Of

Question 2

Question 2

Multiple Choice

In the short run,a firm's marginal cost rises because of:


A) a decline in output prices.
B) a decline in marginal productivity of inputs.
C) decreasing returns to scale.
D) the flexibility in input usage.

Correct Answer:

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