Multiple Choice
If diminishing marginal returns is in effect
A) marginal costs fall.
B) marginal costs rise.
C) average costs fall.
D) average revenue is constant.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: Entrepreneurs<br>A)and managers are found on the same
Q23: If a firm experiences decreases in the
Q24: Entrepreneurs are usually found in smaller firms.
Q25: An organization with hierarchy<br>A)is needed to define
Q26: Websites make money by charging to access
Q28: Marginal costs and marginal benefits<br>A)do not include
Q29: If a knowledge worker knows more than
Q30: In the knowledge economy<br>A)physical property rights appear
Q31: For patents to be effective<br>A)small networks.<br>B)network externalities
Q32: Increasing returns<br>A)causes marginal cost to remain constant.<br>B)causes